Salon Rental Franchise In Growing Area - 3 Salons
Syracuse, NY Onondaga County
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- RE: Salon Rental Franchise In Growing Area - 3 Salons
- Contact: Kevin Everts
Quick Facts
| Asking Price: | $2,200,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $325,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 995918 | |
| Broker Reference #: | 2349972 |
Business Overview:
High-end studio concept specializing in personal care and beauty. This franchise opportunity has 2 salons at 100% occupancy, the third at 45%. All three studios have 28-31 individual private studios. Each studio is fully equipped for any proposed personal care business. Sellers invested $1M+ per studio and is looking to retire sooner than planned. Profits are forecasted to increase to $350K per year. Absentee real estate rental income is a proven model.
Contact the Seller:
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Property Features and Assets:
Leased Building Sq. Ft. 5,600
Rent $8,700.00 per month
Lease Expiration 6/28/2032
Reason for Selling:
Retiring. 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 not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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