Own This Young Franchisor Group
About this business for saleOwn This Young Franchisor Group
You are buying the rights, the intellectual property, the operations manuals and management guidelines to become the new Franchisor for a chain of Kiddies' Hair salon franchises.
The product is hair styling services and entertainment for the younger generation. Whilst relatively new in RSA, the concept is big business overseas, and is showing exponential growth.
The new owner would do well with some hair salon & entertainment industry experience, but would certainly need to be able to support the 5 existing franchisee stores, as well as attract new franchisee stores around the country in order to grow. A new store will be opening soon in Gauteng.
There are no staff, no assets and there is no lease; the new owner takes the IP and positions it into their own existing enterprise, or this could well be a new venture for an entrepreneur.
The very reasonable asking price excludes VAT.
Too good to be true? It's both! True and Very Good!
+27 83 376 1149
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.