SYRACUSE, New York
| Asking Price |
$2,200,000 |
Year Established |
|
|
| Annual Revenue |
$1,200,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Kevin Everts |
|
| Annual Cash Flow |
$325,000 |
Listing Number |
995918 |
|
| # of Employees |
|
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
High-end studio concept specializing in personal care and beauty. This franchise opportunity has 2 salons at 100% occupancy, the third at 45%. All three studios have 28-31 individual private studios. Each studio is fully equipped for any proposed personal care business. Sellers invested $1M+ per studio and is looking to retire sooner than planned. Profits are forecasted to increase to $350K per year. Absentee real estate rental income is a proven model.
Property Features and Assets:
<p>Leased Building Sq. Ft. 5,600</p><p>Rent $8,700.00 per month</p><p>Lease Expiration 6/28/2032<br><br></p>
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