Price: $310,000
Location: Pittsburgh, PA
Industry: Beauty and Personal Care
Listing ID: 42060415
Listing Status: New
This high traffic location of a major franchise brand in the salon suites segment is for sale in the greater Pittsburgh area. This is an extremely profitable opportunity! This is the perfect opportunity for entrepreneurially-minded individuals who want to either grow their current business portfolios or explore franchising as a business option. Franchisees enjoy the benefits of a proven franchise system and semi- absentee business model with few to no employees. Key responsibilities include leasing individual salon suites to independent beauty professionals, including hairdressers, estheticians, barbers, nail techs, massage therapists and other service providers - most franchise owners have no prior salon experience. The salon industry is stable, and within that, the salon suite sector is growing. This franchise is a well-known, respected brand in this industry.
This location is 5,524 square feet and was opened in June, 2018. Finish out is top quality, 26 fully furnished suites, and an excellent amenities package position an owner for top performance in the marketplace.
This is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity for semi absentee ownership.
Revenue $319,627
Owner earnings $80,000
Asking price $310,000
Down Payment: N/A
Total Sales: $319,627
Cash Flow: $80,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $100,000
FFE Included: Yes
Inventory: N/A
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Franchise: Yes
Training & Support: Current owner will assist buyer during transition. Franchise requires new owner to complete a 2 week training program, on site and on-line. Franchise also provides all owners with ongoing support, industry updates and pier reviews.


