Semi-Absentee Salon Suite Franchise Resale
Hagerstown, MD
| Asking Price: | $995,000 |
| Rent: | $11,927.74/Month |
| Gross Revenue: | $28,000 |
| Established Year: | 2024 |
Listing ID: 2311826Listing provided by BizBuySell
BUSINESS DESCRIPTION
33 Suites Included in this Resale
The space has 33 suites and it's currently 35% occupied. This location just opened in October 2024. This is a salon suite franchise resale. Perfect for entrepreneurially-minded individuals who want to either grow their current business ventures or explore franchising as a business option. The salon industry is stable and the salon suite sector is growing. As a franchise owner, you give stylists the opportunity to run their own business. You are the landlord, and they rent their salon space from you. We are the leading brand in this popular industry.
DETAILED INFORMATION
Location
Hagerstown, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,500
Lease Expiration
31/12/2034
Facilities
Owners of this brand are semi-absentee. They focus on client relationships, attending to any maintenance needs for their clients, marketing and ensuring occupancy levels remain high.
$28,000 in revenue is for the first two months of operation. This is a new studio.
Competition
Our franchise system is the leading salon suite concept in North America. With more than 10 years of proven success our franchise partners are providing beauty professionals with the space and opportunity to be their own boss while enjoying the freedom and flexibility of our semi absentee business model. • Semi-Absentee • No On-Site Employees • Recession Resistant • Turnkey Franchise Opportunity
Growth & Expansion
Franchisor has 275 locations in 40 states. Leading franchise brand in this segment.
Support & Training
Online Training On the Job Training (1 Day Mentor Site Visit) In Classroom Training All must be completed in order to provide the best training possible. After University is completed it is recommended that all owners attend Foundation every five years.
Reason for Selling
Personal, family illness
Franchise
This business is an established franchise
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