Listing Number: 11421-468709
Description
High-end studio concept specializing in personal care and beauty. This franchise opportunity has ~30 individual private studios across three studios. Each studio is fully equipped for any proposed personal care business. Seller invested $1M in each studio and is looking to retire sooner than planned. Profits are forecasted to increase to $550K per year when full. Absentee real estate rental income is a proven model.
Listing Details
- Price: $ 2,100,000
- Down Payment: $210,000
- Sellers Discretionary Earnings: $ 350,000
- Total Sales: $ 1,200,000
- Location: Oneida County, New York
- Inventory: $ 0
- FF&E: $ 300,000
- Employees: 1
- Year Established: 2021
- Reason for Selling: Retiring
- Category: Real Property Rltd,Beauty/Personal Care
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