Salon Suites Franchise, Pittsburgh Metro
Not Disclosed, PA Allegheny County
Metro area
Request More Information Contact the Seller
- RE: Salon Suites Franchise, Pittsburgh Metro
- Contact: Jim LaRue
Quick Facts
| Asking Price: | $310,000 | |
| Annual Revenue: | $319,627 | |
| Net Profit: | $80,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 1 | |
| BBN Listing #: | 1005343 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Salon Suites Franchise, Pittsburgh Metro
High traffic location of a major franchise brand in the salon suites segment is for sale. This is an extremely profitable opportunity! This location is fully furnished, open and operating. This location includes 30 salon suites, 21 are currently leased. A new start up salon suite like this would cost over $1mil. New owner will need to complete the lease up process of 9 suites. Additionally, revenues can be increased by providing new services and retail products, and providing excellent customer service. This is a rapidly growing market and provides many opportunities for growth. They are 75% occupied. This is the perfect opportunity for entrepreneurially-minded individual who wants to either grow their current business portfolio 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:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Downsizing Portfolio. 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
Documents:
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