Highly Profitable Award-Winning Beauty Supply Store and Salon - Absentee Owner

Highly Profitable Award-Winning Beauty Supply Store and Salon – Absentee Owner

ASKING PRICE:
$720,000

LOCATION: West GTA

LISTING DETAILS:

LISTING ID: 3605

TYPE OF SALE: Asset

MLS CODE: Exclusive

RELOCATABLE: No

INDUSTRY: Beauty & Spa

REASON FOR SALE: Personal

TRAINING & SUPPORT: Yes

ABSENTEE OWNER: Yes

DESCRIPTION:

With a 30-year legacy and strong reputation in the beauty industry, this franchise is positioned for success. Located within a bustling Triple A Mall, this is the perfect turnkey business and no industry experience is required to own this store.

Operations are overseen by a dedicated team of 8 staff members, allowing for passive ownership and tons of flexibility. The franchise offers a comprehensive range of beauty services including facial threading, waxing, massages, lash lifts and more. This location attracts a high volume of new and repeat customers.

Net profits exceed $21,000 a month for absentee owners, making this the perfect opportunity for investors seeking a high earning venture. Take advantage of a well-established brand and continuous support from an award-winning franchisor. Listing ID: 3605

COMPANY INFORMATION:

YEAR ESTABLISHED: 1995

FRANCHISE: No

SQUARE FOOTAGE: 1,115 sq ft

MONTHLY RENT: $10,781 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $631,239

SDE: $247,321

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A

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DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.