Salon Suites Franchise, Multi Location
Denver, CO Denver County
Denver Metro
Request More Information Contact the Seller
- RE: Salon Suites Franchise, Multi Location
- Contact: Jim LaRue
Quick Facts
| Asking Price: | $2,225,000 | |
| Annual Revenue: | $1,083,614 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $490,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 1 | |
| BBN Listing #: | 998188 | |
| Broker Reference #: | 42060401 |
Business Overview:
Salon Suites Franchise, multi location
Denver Colorado
Three high traffic locations of a major franchise brand in the salon suites segment available for sale in the greater Denver Metro area. This is an extremely profitable opportunity! This is the perfect opportunity for entrepreneurially-minded individuals who want to either grow their current business portfolios or explore franchising as a business option. Franchisees enjoy the benefits of a proven franchise system and semi- absentee business model with few to no employees. Key responsibilities include leasing individual salon suites to independent beauty professionals, including hairdressers, estheticians, barbers, nail techs, massage therapists and other service providers - most franchise owners have no prior salon experience. The salon industry is stable, and within that, the salon suite sector is growing. This franchise is a well-known, reliable brand in this industry.
This is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity for semi absentee ownership.
Contact the Seller:
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Property Features and Assets:
The three locations in the Denver metro area, range from 4,083 square feet to 5,822 square feet with suite counts ranging from 21 to 30. Occupancy rates are high at 99%, 92%, and 86% for the various locations. The locations were opened over the past few years starting in 2018, and the last one opened in 2022. Beautiful finish out, top quality, fully furnished suites, and a great amenities package position any owner for top performance in the marketplace. Annual revenue per location ranges from $251K to $443K! A part-time manager is in place overseeing the 3 locations, providing the current owner with freedom from day to day oversight.
Market Competition and Expansion:
The salon suite industry is growing rapidly in Denver and the US with no signs of slowing. Existing salon suites will need to maintain and improve their suites to maintain existing beauty professionals and attract new clients. Revenues can be increased with additional services, automation and providing excellent customer service. Denver is a rapidly growing market and provides many opportunities for growth.
Reason for Selling:
Pursue new opportunity. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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