Men's Grooming Franchise in Northern California - SC2072

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Men's Grooming Franchise in Northern California - SC2072

Listed by Business Broker
Men's Grooming Franchise in Northern California - SC2072

Asking price $174,999

CA


Cash Flow: No Data

Gross Revenue: $200,000

EBIT DA: No Data

FF&E: $150,000

Inventory: $2,000

Established: 2019

Type: Franchise

Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento
(916)8002090


Business Description:

  • Asking Price: $174,999
  • Gross Revenue: $200,000
  • Cash Flow: ON REQUEST
  • Down Payment: N/A
  • FF&E (Included): $150,000
  • Inventory: $2,000
  • Financing: No
 

 Business Location

  • Placer
  • Confidential
  • California
 

Primary Business Category: Barber Shops

This Northern California based Mens Grooming Franchise is a California Limited Liability Company and has been in operation since the end of 2019. Services include premium and classic haircuts, head shaves, face shaves, skin treatment, beard grooming, coloring, manicures, pedicures, and hair removal. Included with the sale are two franchise licenses, each with approximately 8 years left on the license and both located in the same city. Only one license has a physical location, the other license would need to be built out and established. Complimentary alcohol is served to guests as well to give that "man cave" relaxing setting.


Competition Description

Male grooming has expanded in recent years since it has been trendier for men to receive services at locations. The men’s grooming products market was valued at $55.2B in 2020 and is expected to grow at a rate of 4.3% annually over the next 5 years. This market is primarily driven by the increasing consciousness among male consumers about personal wellness and appearance. The largest market is in North America. Personal grooming boosts confidence and defines your personality.


Growth / Expansion overview

This business has a loyal following even though they have been in operation a short time. Growth can be obtained through increased marketing in the local market and with the addition of qualified employees experience in barbering (even if not experienced, training can be provided). Expansion is possible by building out the second licensed location.


Support / Training Comments

The Seller is willing to train the new Owner for up to 2 weeks at 20 hours per week. Extensive training is provided by the Franchisor.


  • Home Based: No  
  • Year Established: 2019  
  • Franchise: Yes  
  • Year Acquired: 2019  
  • Willing to Train: Yes  
  • Relocatable: No  
  • Required Licences: Business License

  • Is Property Leased: Yes  
  • Real Estate Available: No  
  • Days Open: Wednesday-Sunday  
  • Hours Open: 11am to 6pm  
  • Fulltime Employees: 2  
  • Part time Employees: 5  
  • Is Management Staying: Yes  
  • Distressed: No  
  • Monthly Payroll: ON REQUEST  
  • Building Size: 1250 sq ft  
  • Monthly Rent: $4,914  
  • Lease Expires: 12/31/2023  
  • Lease Miscellaneous: CAM of $1197 included in total monthly


Broker: ProEquity Asset Management Corporation License ID: 01870526

 


Selling Reason:

Seller's would like to pursue other ventures

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