Listing Number: 3301-904474
Description
Discover a unique investment or owner-operator partial absentee opportunity with a well-established, multi-location barbershop franchise. Boasting a loyal, diverse clientele and robust financial performance, this business is recession-resistant and primed for growth. We are selling two locations under this mandate and the franchise agreement allows for additional three locations to be opened by the franchisee.
Why we like this business:
* Immediate Positive Cash Flow: Skip the startup phase; step into established operations with solid returns.
* Proven Track Record: Over 9 years of success in two prime, high-traffic locations.
* Expansion Potential: Exclusive rights to open 3 additional outlets under the current franchise agreement.
* Operational Efficiency: Each of the 8-chair salons features extra service areas, managed by full-time managers allowing for partial absentee ownership.
* Market Niche: Offers premium services above standard barbershop experiences, setting it apart in the Canadian market.
* Franchise Strength: Part of a vast network with 1750+ U.S. locations and a rapidly expanding 39+ in Canada.
* Top Performers: Both locations rank in the top 10 in Canada for franchise performance.
* Franchisor Support: Benefit from strong corporate backing and resources.
* Low Owner Involvement: Current owner manages HR, payroll, and marketing in less than 20 hours a week. Ideal for:
* Investors seeking a turnkey, low-maintenance business.
* Owner-Operators aiming to own and expand upon an already successful enterprise.
Confidential Process:
We are committed to ensuring a confidential sale process. Detailed financial information and additional specifics are available to qualified buyers upon completion of a confidentiality agreement and submission of a buyer profile.
Listing Details
- Price: $358,000
- Down Payment: --
- Sellers Discretionary Earnings: $108,169
- Total Sales: $952,000
- Location: Greater Toronto Area, Ontario
- Inventory: $3,000
- FF&E: $40,000
- Employees: 15
- Year Established: 10
- Reason for Selling: Moving on
- Category: Beauty/Personal Care
Contact Agent:
- Jack Smagala
- Phone: (647) 946-2675
- Email: jsmagala@tworld.com