Salon Suites franchise, Multi Location, Denver

Contact Seller


* required field

Salon Suites franchise, Multi Location, Denver

Listed by Business Broker
Salon Suites franchise, Multi Location, Denver

Asking price $2,225,000

Denver, CO


Cash Flow: $490,000

Gross Revenue: $1,083,614

EBIT DA: No Data

FF&E: $500,000

Inventory: No Data

Established: 2018

Type: Franchise

Business listed by:
Larry Lane
VR Business Brokers of Dallas
214-733-8282


Business Description:

Three high traffic locations of a major franchise brand in the salon suites segment available for sale in the greater Denver Metro area.  This is an extremely profitable opportunity!  This is the perfect opportunity for entrepreneurially-minded individuals who want to either grow their current business portfolios 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.

The three locations range from 4,083 square feet to 5,822 square feet with suite counts ranging from 21 to 30.  Occupancy rates are high at 99%, 92%, and 86% for the various locations.  The locations were opened over the past few years starting in 2018, and the last one opened in 2022, so it is still growing.  Beautiful finish out, top quality, fully furnished suites, and a great amenities package position any owner for top performance in the marketplace.  Annual revenue per location ranges from $251K to $443K! A part-time manager is in place overseeing the 3 locations, providing the current owner with freedom from day to day oversight.

This is one of the leading franchise brands in the Salon Suites segment, providing a great investment opportunity for semi absentee ownership.


Selling Reason:

Seller is looking to pursue new opportunity.

Individuals and companies listed here claim to be an authorized business transaction intermediary. While BizFranHub does not doubt these claims, BizFranHub has not verified them and makes no guarantee, warranty, or representation about them. It is your responsibility to independently confirm the claims made by individuals and companies listed here.

Take our quiz
Quiz
Get a free quiz to get personalized franchise suggestions based on your lifestyle, interests, and budget.