Salon Suite Franchise, West Hartford, CT
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Asking Price
$530,000
Detailed Information
West Hartford,Connecticut, US
Not Provided
NA
Business Description
This business is a salon suite franchise located in West Hartford, CT, offering small-scale spa-based business owners the opportunity to operate in a well-trafficked location with amenities like a concierge service, educational workshops, and partnership opportunities. The 10,000 square feet facility houses 44 suites that cater to different clients. The business has a loyal tenant base dating back to its establishment in 2015 and is now available for acquisition due to the current owner's health issues. With a selling price of $530,000 and a potential return of $143,976 in the first year after debt payments with a 10% down payment of $53,000, this unique salon suite franchise presents a lucrative investment opportunity. Not only does it provide business owners with a turnkey solution to running their dream business, but it also fosters a sense of community and networking among its clientele. The business has room for growth, with untapped space that could be converted into additional suites or potential for expanding