Salon Suite Franchise, Lynnwood, WA
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This high traffic location of a major franchise brand in the salon suites segment is for sale in the greater Lynnwood, WA area. This is a very profitable business. It is the perfect opportunity for entrepreneurially-minded individuals who want to either grow their current business portfolio or explore franchising as a business option. Franchisees enjoy the benefits of a proven franchise system and semi- absentee business model with few to no employees. Key responsibilities include leasing individual salon suites to independent beauty professionals, including hairdressers, estheticians, barbers, nail techs, massage therapists and other service providers - most franchise owners have no prior salon experience. The salon industry is stable, and within that, the salon suite sector is growing. This franchise is a well-known, respected brand in this industry.
This is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity.
This is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity.
About the Business
- Years in Operation
- 7
- Employees
- 1 Part-time
Semi Absentee owner. Owner works with new tenants and lease renewals, marketing - Facilities & Assets
- This location is 5,000 square feet and was opened in June, 2019. This location has 26 fully furnished suites, and an excellent amenities package to position an owner for performance in the marketplace.
- Market Outlook / Competition
-
- Opportunities for Growth
- Lynnwood is a fast growing area and great place to grow a business and raise a family.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- $9,835.00 per month
- Lease Expiration
- 6/30/2030
About the Sale
- Seller Motivation
- Owner is liquidating portfolio.
- Transition Support
- Current owner will assist new owner during transition. Franchise requires all new owners to complete a 2 week training class, both on-line and on-site. Franchise provides on going marketing support, training and technology assistance.
- Financing Options
- 3rd party financing may be available to qualified buyer.
Listing Info
- ID
- 2492922
- Listing Views
Listing ID: 2492922 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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