NOT DISCLOSED, New York
| Asking Price |
$2,500,000 |
Year Established |
|
|
| Annual Revenue |
$990,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Ken Stein |
|
| Annual Cash Flow |
$430,000 |
Listing Number |
988746 |
|
| # of Employees |
|
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
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 owner visits each store once a month, ensuring smooth operations across all locations. Buy 3 fully operational, cash-flowing, Salon Suites for the Price of 2! A buyer will greatly benefit from the combination of growth opportunities in the newer stores and the steady income from the mature location. There is a financing package available that allows a qualified purchaser to IMMEDIATELY have higher than 20% ROI and much more when the new owner increases occupancy. If you are looking for a passive, money-making business with excellent growth potential, inquire about listing 15789.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity