Profitable Salon Suite Franchise Location, Pittsburgh, PA

Price: $310,000

Location: Pittsburgh, PA

Industry: Beauty and Personal Care

Listing ID: 42060415

Listing Status: New

Description

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

LISTING DETAILS

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

Operation

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

Franchise: Yes

Summary

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.

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LISTING OWNER