Established and Profitable Salon Studio Business
Reason for Sale: Retirement- Established Salon Studio Rental Business in King County, WA. This business is run from Denver, Colorado. Established in 2010, we help beauty care professionals by providing them a great work environment to practice their trade. Three Locations with 87 chairs. Newly negotiated 10-year leases - Approx $250K in Tenant Improvement Dollars available for remodeling
Contractually protected franchise territory until 2030.
Financials (USD)
Asking Price $2,300,000
Cash Flow $500,000
Sales $1,800,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? No
Principals only? Yes
Franchise? Yes
Management will stay? Yes
Relocatable? No
Real Estate? No
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