Absentee Salon Suite Business in Connecticut

Fairfield County, CT
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Asking Price:$750,000
Gross Revenue:$487,702
Established Year:2023
Cash Flow:$292,000
FF&E:$750,000
BUSINESS DESCRIPTION

Price Rediced by $250,000!!! Owner MUST Sell!!!

An incredible opportunity to own a top-rated franchise in the Salon Suite space. This is the MOST ABSENTEE and PASSIVE business around. You are truly a landlord, without owning property. The business has NO EMPLOYEES and NO INVENTORY. This is a top-rated franchise, there is opportunity to expand with more location, many franchisees own multi-units across multiple states while having full time jobs, it is that passive. The owner has done a great job leasing space to strong tenants who pay rent WEEKLY. The role of the owner is to fill spaces. This unit is new, and still ramping up and is expected to perform consistently at 90% occupancy. Everything is brand new, as the business was recently launched. If you are looking for a passive, money maker, at a good price call about listing 15726.


DETAILED INFORMATION
Location
Fairfield County, CT
Inventory
Not Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Yes
Franchise
This business is an established franchise
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Ken
Stein/Kensington Company
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Ken Stein/Kensington Company