Salon Suite Franchise, Lynnwood, WA

Price: $500,000

Location: Lynnwood, WA

Industry: Other Beauty and Personal Care

Listing ID: 42060424

Listing Status: New

Description

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.

LISTING DETAILS

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

Operation

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

Summary

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.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER