Absentee Salon Suite Business in NJ
Asking Price: | $1,000,000 |
Gross Revenue: | $361,917 |
Established Year: | 2022 |
Cash Flow: | $202,653 |
FF&E: | $750,000 |
NO EMPLOYEES and NO INVENTORY!
An incredible opportunity to own a top-rated franchise in the Salon Suite space. This is the MOST ABSENTEE and PASSIVE business around. You are truly a landlord, without owning property. The business has NO EMPLOYEES and NO INVENTORY. This is a top-rated franchise, there is an opportunity to expand with more locations. Many franchisees own multi-units across multiple states while having full-time jobs, it is that passive. The owner has done a great job leasing space to strong tenants who signed 2-year leases and pay rent WEEKLY. The role of the owner is to fill spaces (only 4 more to fill out of 20+ suites). Everything is brand new, as the business was recently launched. If you are looking for a passive, money maker, that is truly a passive business, call about listing 15674.