LYNNWOOD, Washington
| Asking Price |
$500,000 |
Year Established |
2019 |
|
| Annual Revenue |
$379,189 |
Reason for Selling |
Downsizing Portfolio |
|
| Annual P/L |
$136,000 |
Attention |
Jim LaRue |
|
| Annual Cash Flow |
$0 |
Listing Number |
1008957 |
|
| # 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 Lynnwood, WA area. This is a very profitable business. It is the perfect opportunity for entrepreneurially-minded individuals who want 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, respected brand in this industry. This is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity. Complete training is provided by franchise.
Property Features and Assets:
Market Competition and Expansion:
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