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Asking Price: $825,000

Salon Suites Franchise, Washington County MD

Not Disclosed, Not Disclosed
Not disclosed

Business Overview:Salon Suites Franchise, Washington County, MD 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 33 salon suites, 14 are currently leased. The owner must sell due to a family medical emergency. A new start up salon suite like this would cost over $1.5mil. New owner will need to complete the lease up process of 19 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 42% 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.

Cash Flow Not Disclosed
Revenue $400,000

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