Absentee Salon Suites Franchise Network
Not Disclosed, CT Not Disclosed
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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 |
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.
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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
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