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Supercuts is ranked #1 in the 65 Billion Dollar U.S. haircare industry by Entrepreneur for 8 years in a row. Supercuts is a proud partner of the Houston Astros and has over 2,600 locations and serves 33 million guests each year.
The 4 franchised stores are located in a nice suburb of south Houston and are offered at a package price of $395,000, which includes $59,300 in FF&E, $195,000 in Leasehold Improvements, and $20,000 in Inventory. There are 16 employees including 3 Managers that oversee the stores.
Per owner's financials, sales in 2019 are projected at $789,500 with $129,550 in seller discretionary earnings. The owner will offer 2 weeks of training to ensure a smooth transition for the buyer.
This is a great opportunity for a buyer looking for a semi-absentee business that has growth potential. The seller has owned the business for 5 years and now wishes to pursue a larger investment opportunity.
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