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Beauty Suite Rentals Franchise for Sale

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  • Listing# : 16121
  • Listed Price : $985,000
  • Total Sales : $342,817
  • SIC : 7231
  • Down Payment : $785,000
  • Status : Active
  • Discretionary Earnings : $70,940

Business Type :

Beauty/Personal Care / Hair Salon; Real Estate Related / Renting/Leasing

Business Description :

Easy to run and profitable subleasing business.  This business is part of a beauty franchise which allow beauty professionals to rent a space, be their own bosses and grow their own business.  The rent is affordable and they can attend their clientele without the need to pay large splits to their employer, in a very elegant high end set up with an excellent working environment.  This concept has become very popular in the last few years.  No employees needed, only requires 12 hours a week from owner.  The space is 6,500 sq ft divided into 34 suites and lessees pay an average of $295 per week.  Set up includes basic furniture, all utilities are included in rent and amenities such as: laundry, kitchen, ATM, alarm, cameras and maintenance of public areas.  Approximately $1 million invested in buildout.  Seller owns 2 other stores and the location of this one is inconvenient.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $100,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $900,000
    • Incl : Yes
    • Total Assets $1,000,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Beauty/Personal Care, Real Estate Related