Premium Salon Rental Franchise 3-Pack of Studios | Growing CNY suburbs
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Great absentee ROI: Cash on cash of 45%
High-end studio concept specializing in personal care and beauty. This franchise resale opportunity has ~30+ individual private studios in each of the three studios for a total of 98 units. Each studio is fully equipped for any proposed personal care business. Sellers invested $1M in each studio and is looking to retire sooner than planned. Net Operating Income (NOI) are forecasted to increase to $525K per year once full. Absentee real estate rental income is a proven model.
$1.9M Purchase
$250K down
1.65M Loan, 10 year, 7.5%
Payments of $19,586, $235,032
Profit of $120K per year with current state occupancy
Cash on Cash is ROI is 48%. Much better than the Bank or average S&P return!
$1.9M Purchase
$250K down
1.65M Loan, 10 year, 7.5%
Payments of $19,586, $235,032
Profit of $120K per year with current state occupancy
Cash on Cash is ROI is 48%. Much better than the Bank or average S&P return!
About the Business
- Years in Operation
- 8
- Employees
- 1
- Franchise
- This business is an established franchise
- Facilities & Assets
- Leasehold investment of almost $3M!
- Opportunities for Growth
- Could add $175K in earnings by filling current open space.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 18,000
- Rent
- $40,000.00 per month
- Lease Expiration
- 6/27/2032
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- 2 weeks
Listing Info
- ID
- 2349972
- Listing Views
- 941
Listing ID: 2349972 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.
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