Well Established Men's Grooming Franchise
Business Description
My wife and I bought into the Knockouts brand nearly 4 years ago and have truly enjoyed the ride! We purchased the 2d store ever opened because of the golden opportunity to rebuild a struggling location – we have accomplished just that. The store has had consistent management and retained key personnel so that we have been able to convert it from a location that was losing a small amount of money, to one that is profitable and generating a consistent income for us,
This location, in Arlington, TX, is strategically located near AT&T Stadium and surrounded by multiple communities that contain our Ideal Customer Profile (ICP). Immediately after purchase, we began an end-to-end upgrade to bring the location up to franchise standards: new paint, new signage, new barber chairs, new lounge area (grooming sinks, etc.), new lobby area, new interior electronic menu board signage, new computer systems, new kitchen area, bathroom remodel, manager office remodel, etc. All of this is still in “like new” condition.
True to the word of the Franchise at the time of our purchase, a Knockouts location only requires between 5 and 10 hours of owner involvement per week. We use a bookkeeper, which is our only service expense, and easily handle the payroll every two weeks.
Candidly, we should put more time and effort into marketing for even higher profitability and a new owner that is more adept at marketing a business can easily add to the profitability of this turn-key business.
However, our team (and this type of business in general) is all about building a client portfolio. It is important to note that each of our stylists has a strong clientele that drive profitability to the business. We will provide more detail about how this works with qualified, interested buyers.
Now ready to retire, we look forward to transferring this profitable business to someone who can breathe another round of “new life” into this historic location. Keeping in mind that a new franchise costs more than $250k and will lose money until a clientele is built, this is an EXCELLENT opportunity with a low-cost point of entry to own a well established business with an immediate cash flow!
This location, in Arlington, TX, is strategically located near AT&T Stadium and surrounded by multiple communities that contain our Ideal Customer Profile (ICP). Immediately after purchase, we began an end-to-end upgrade to bring the location up to franchise standards: new paint, new signage, new barber chairs, new lounge area (grooming sinks, etc.), new lobby area, new interior electronic menu board signage, new computer systems, new kitchen area, bathroom remodel, manager office remodel, etc. All of this is still in “like new” condition.
True to the word of the Franchise at the time of our purchase, a Knockouts location only requires between 5 and 10 hours of owner involvement per week. We use a bookkeeper, which is our only service expense, and easily handle the payroll every two weeks.
Candidly, we should put more time and effort into marketing for even higher profitability and a new owner that is more adept at marketing a business can easily add to the profitability of this turn-key business.
However, our team (and this type of business in general) is all about building a client portfolio. It is important to note that each of our stylists has a strong clientele that drive profitability to the business. We will provide more detail about how this works with qualified, interested buyers.
Now ready to retire, we look forward to transferring this profitable business to someone who can breathe another round of “new life” into this historic location. Keeping in mind that a new franchise costs more than $250k and will lose money until a clientele is built, this is an EXCELLENT opportunity with a low-cost point of entry to own a well established business with an immediate cash flow!
About the Business
- Years in Operation
- 21
- Employees
- 6 (4 Full-time, 2 Part-time)
Tenured staff with solid clientele - Franchise
- This business is an established Knockouts Haircuts and Grooming franchise
- Facilities & Assets
- Immediately after purchase four years ago, we began an end-to-end upgrade to bring the location up to franchise standards: new paint, new signage, new barber chairs, new lounge area (grooming sinks, etc.), new lobby area, new interior electronic menu board signage, new computer systems, new kitchen area, bathroom remodel, manager office remodel, etc. All of this is still in “like new” condition. We also secured dedicated parking stalls for clients to help with customer in flow.
- Website
- https://knockouts.com/
- Market Outlook / Competition
- The global men’s grooming market is projected to grow at a CAGR of 6-7% through 2028, driven by rising male awareness of personal grooming and lifestyle trends. In the U.S., men’s grooming surpassed $20 billion annually with strong growth in haircut and beard care services. Knockouts leverages this expanding market by providing a tailored experience that meets modern men’s grooming preferences, offering franchisees a share of a robust, recession-resistant industry. This location has few nearby competitors at this price level, increasing walk-in traffic.
- Opportunities for Growth
- A new owner has an excellent opportunity to dramatically increase net revenue with increased marketing of the business. Any increase in customers will drive revenue directly to the bottom line because in this business, labor is the highest expense. Therefore, once each individual barber or stylist becomes profitable with their own clientele, all new customer revenue goes right to the bottom line. It will take little effort to increase owner income at this location - but more effort than my wife and I have been able to afford from a time standpoint.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $2,950.00 per month
- Lease Expiration
- 12/1/2026
About the Sale
- Seller Motivation
- The primary reason for selling is that we are ready to fully retire. We look for
- Transition Support
- Knockouts provides franchisees with extensive operational training, ongoing marketing support, access to proprietary systems, supply chain management, branding strategies, and assists with continuous development to optimize store performance and customer retention. In addition, the current owners are willing to assist the buyer during a transition of up to 90 days.
- Financing Options
- Partial Seller financing will be considered
Listing Info
- ID
- 2427980
- Listing Views
Listing ID: 2427980 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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