Price: $500,000
Location: Lynnwood, WA
Industry: Other Beauty and Personal Care
Listing ID: 42060424
Listing Status: New
This high traffic location of a major franchise brand in the salon suites segment is for sale in the greater Lynnwood, WA 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 is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity.
Down Payment: N/A
Total Sales: $379,189
Cash Flow: $136,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $75,000
FFE Included: Yes
Inventory: N/A
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
Training & Support: Current owner will assist new owner during transition. Franchise requires all new owners to complete a 2 week training class, both on-line and on-site. Franchise provides on going marketing support, training and technology assistance.


