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Established, Operating Semi-Absentee Salon Suite Franchise Resale


Asking Price: $475,000

Asset Sale Description
An incredible opportunity to own a top-rated franchise in the Salon Suite space. This is the MOST ABSENTEE and PASSIVE business around. You are truly a landlord, without owning property. The business has NO EMPLOYEES and NO INVENTORY. This is a top-rated franchise and there are opportunities to expand with additional locations. Many franchisees own multiple units across multiple states while having full time jobs. The owner has done a great job leasing space to strong tenants who pay rent WEEKLY. The role of the owner is to fill spaces.
Detailed Information
Years in Operation
6
Facilities & Assets
REAL ESTATE:
Leased
Sq. ft. of building: 5,025
Current Rent: $9000.00/MO
How many years left on the current lease? 5 years
Number of owners involved in the business: 1
Main responsibilities:
Sales / Marketing / accounting / client relationships
Owners of this brand are semi-absentee. They focus on client relationships, attending to any maintenance needs for their clients, marketing and ensuring occupancy levels remain high.
About the Sale
Transition Support
Online Training and One-on-One coaching with Franchisor Trainers. After University is completed it is recommended that all owners attend Foundation every five years.
Seller Motivation
Seller does not have the time needed to build occupancy
Listing Info
ID
2358062
Listing Views
866

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Business Listed by: Mike Halpern

Listing ID: 2358062 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.