NOT DISCLOSED, New York
| Asking Price |
$3,300,000 |
Year Established |
|
|
| Annual Revenue |
$1,200,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Ken Stein |
|
| Annual Cash Flow |
$600,000 |
Listing Number |
1009258 |
|
| # of Employees |
|
Business Category |
Services: Real Estate |
|
Business Overview:
This is an incredible opportunity to own three top-rated franchise locations in the Salon Suite space, strategically located in New York, New Jersey, and Connecticut. These businesses are the MOST ABSENTEE and PASSIVE opportunities around; you are essentially a landlord without the hassle of owning property. There are NO EMPLOYEES and NO INVENTORY. The owner has successfully leased space to strong tenants who pay rent WEEKLY, and the role of the owner is simply to fill spaces. The current owner visits each store once a month, ensuring smooth operations across all locations. Buy 3 fully operational, cash-flowing, Salon Suites for less than the Price to build new! The portfolio generates consistent, predictable cash flow through established tenancy, making it an ideal opportunity for an investor seeking passive income with limited operational complexity. There is a possible financing package available which would allow a qualified purchaser to IMMEDIATELY have an excellent ROI and much more when the new owner increases occupancy. If you are looking for a mostly passive, money-making business with excellent growth potential, inquire about listing 16057.
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