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  • RE:  Absentee Salon Suites Franchise Network
  • Contact:  Ken Stein

Quick Facts

Asking Price: $4,700,000
Annual Revenue: $1,521,875
Net Profit: Not Disclosed
Cash Flow: $793,000
Total Debt: Not Disclosed
FF&E: $1,500,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 945701
Broker Reference #: 15490

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Business Overview:

This is truly the most passive business model around. You are a landlord without owning property. There are no employees, no inventory. Just rent checks and overseeing a few sub-contractors that clean the facilities. These are all well-established units, selling as a network of 3. There is room to expand the network and buy additional territory. For somebody strong with numbers and managing a rent roll, this is a turnkey network with 95% occupancy. All locations are in A+ Markets and A+ locations. There are clean financials. The seller owns additional units in another state that are not for sale, as he is staying with the brand as he loves the income and passiveness. This is an absolute gem. Great cash flow, great markets, predictable contractual revenue, big earnings and no headaches. If you are looking for a fantastic franchise and passive income, call about listing 15490.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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

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