NOT DISCLOSED, Colorado
| Asking Price |
$687,500 |
Year Established |
2018 |
|
| Annual Revenue |
$292,619 |
Reason for Selling |
Partnership liquidation |
|
| Annual P/L |
$158,000 |
Attention |
Jim LaRue |
|
| Annual Cash Flow |
$0 |
Listing Number |
1008498 |
|
| # of Employees |
|
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
This high traffic location of a major franchise brand in the salon suites segment is for sale in the greater Colorado Springs area. This is a very profitable location! It is the perfect opportunity for entrepreneurially-minded individuals who want to either grow their current business portfolio or explore franchising as a location. 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, respected brand in this industry.
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Property Features and Assets:
<p>This location is 5,386 square feet and was opened in 2018. This location has 30 fully furnished suites, and an excellent amenities package to position an owner for performance in the marketplace. It is currently 100% leased!</p>
Market Competition and Expansion:
The salon industry is stable, and within that, the salon suite sector is growing. This franchise is a well-known, respected brand in this industry. The salon industry is stable, and within that, the salon suite sector is growing. This franchise is a well-known, respected brand in this industry.
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