Price: $687,500
Location: Colorado Springs, CO
Industry: Beauty and Personal Care
Listing ID: 42060421
Listing Status: New
This high traffic location of a major franchise brand in the salon suites segment is for sale in the greater Colorado Springs area. This is a very profitable business! It is the perfect opportunity for entrepreneurially-minded individuals who want to either grow their current business portfolio 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 5,188 square feet and was opened in June, 2015. This location has 26 fully furnished, suites, and an excellent amenities package to position an owner for performance in the marketplace.
This is one of the leading franchise brands in the Salon Suites segment, providing a great investment
Down Payment: N/A
Total Sales: $292,619
Cash Flow: $158,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $250,000
FFE Included: Yes
Inventory: N/A
Inventory Included: Yes
Year Established: 2015
Non-Owner Payroll: N/A
Absentee Owner: Yes
Security on Lease: Yes
Real Estate: N/A
Monthly Rent: N/A
Franchise: Yes
Reason For Sale: Partnership Issues
Training & Support: Top rated franchisor will provide initial training and ongoing support


