Two Profitable Kids Salons for Sale - SBA Preapproved, Absentee Owner

This listing presents an opportunity to acquire two established, highly profitable children's hair salons operating under a franchise model. The business is SBA preapproved, requiring only a 10% down payment, and is structured for absentee ownership, allowing for minimal owner involvement. With a strong competitive edge in a niche market, these salons are known for their kid-friendly atmosphere and have been in operation since 2018. The business boasts significant gross revenue and a healthy adjusted net income, indicating strong cash flow and growth potential. Key assets include equipment and fixtures valued at $8,600. The lease is secured until January 2029 with options for renewal, and the monthly rent is $8,293. The operation is supported by a team of 4 full-time and 16 part-time employees. The seller is motivated to sell due to a desire to focus on a full-time job and volunteer work.