Absentee Salon Suites Franchise Network
Connecticut
| Asking Price: |
Gross: |
Cash Flow: |
| $6,100,000 |
$1,793,000 |
$1,062,000 |
Furniture and Fixtures Value:
$2,000,000 (included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
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 4. 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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| Year
Business was Established: 2015 |
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| Owner
willing to train:
Yes |
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| REQUEST MORE INFO |
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