Absentee Salon Suite Business In NJ
Not Disclosed, NJ Not Disclosed
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- RE: Absentee Salon Suite Business In NJ
- Contact: Ken Stein
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $361,917 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $202,653 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $750,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 978842 | |
| Broker Reference #: | 15674 |
Business Overview:
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.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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