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