Excellent opportunity to step into two existing Regina barber shop franchise locations at a lower cost to build.
Currently, there are 2 cash-flowing locations that are now available, both of which have long-term leases and are currently run by managers.
SDE sellers discretionary income for 2023 was $71,644 for one location and $15,161 for the other location for a total of $86,805, which is well below the standard 3-times multiple. These businesses are priced to sell. Sales for 2023 year-end were $337,625 and $389,858
Price: $225k for both locations and one will need $110k down to qualify.
Sales are up 11% in the past year and customer counts are up 9% YTD. Leases are now renewed to provide long-term leases at same rate.
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