Salon Suite Franchise

Asking Price$825,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&E$1,500,000
Included in asking price
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Salon Suite Franchise


Asking Price$825,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&E$1,500,000
Included in asking price
Business Description
Salon Suites Franchise, Washington County, MD
This is a brand new salon suite, opened in October, 2024. The owner must sell due to a medical emergency. This is an extremely profitable opportunity! This location is fully furnished, open and operating. They have 33 salon suites, 14 are leased, 19 suites are ready to lease. The cost to start up a new salon suite like this would be over $1.5m. Owner will sell at a significant discount due to the medical emergency. New owner must complete the lease up process to new salon professionals. This is the perfect opportunity for entrepreneurially-minded individual who wants 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, reliable brand in this industry. Training will be provided to new owner and on going franchise support.

This is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity for semi absentee ownership.
About the Business
Years in Operation
1
Franchise
This business is an established franchise
Facilities & Assets
This 6500 sq ft facility offers 33 suites. Currently, 14 suites are leased. This location was opened in October, 2024. Beautiful finish out, top quality, fully furnished suites, and a great amenities package, position any owner for top performance in the marketplace. Annual revenue is trending to $400,000. At 100% occupancy, this location will generate over $500,000 in annual revenue.
Market Outlook / Competition
The salon suite industry is growing rapidly, with no signs of slowing. Existing salon suites will need to maintain and improve their suites to retain existing beauty professionals and attract new clients.
Opportunities for Growth
New owner needs to complete the lease up process. New owner can grow revenues by providing additional services, beauty products, automation, social media and providing excellent customer service. This is a rapidly growing market and provides significant opportunities for growth.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,500
Rent
$11,777.00 per month
Lease Expiration
11/30/2034
About the Sale
Seller Motivation
Medical Emergency
Transition Support
Owner will provide on-site training for up to 30 days. Franchise requires new owner to complete a 1 week on-line and on-site training program. Franchise also provides continual support and training to all owners.
Financing Options
3rd party financing may be available to qualified buyer.
Listing Info
ID
2439879
Listing Views
38

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Business Listed by: Jim LaRue VR Business Brokers

Listing ID: 2439879 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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