Salon Suite Franchise Location – Maryland

Salon Suites Franchise, Washington County, MD
This is a brand new salon suite, opened in October, 2024. The owner must sell due to a medical emergency. This is an extremely profitable opportunity! This location is fully furnished, open and operating. They have 33 salon suites, 14 are leased, 19 suites are ready to lease. The cost to start up a new salon suite like this would be over $1.5m. Owner will sell at a significant discount due to the medical emergency. New owner must complete the lease up process to new salon professionals. This is the perfect opportunity for entrepreneurially-minded individual who wants 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, reliable brand in this industry. Training will be provided to new owner and on going franchise support.

This is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity for semi absentee ownership.

Down Payment: $825,000

Total Sales: $400,000

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $100,000

FFE Included: Yes

Inventory: N/A

Inventory Included: Yes

Year Established: 2024

Non-Owner Payroll: N/A

Real Estate: N/A

Monthly Rent: N/A

Reason For Sale:

Medical Emergency

Training & Support:

Provided by top rated franchisor