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Salon Suite Franchise: Two-location licenses at $10k discount

Austin, TX (Travis County)

Salon Suite
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Asking Price: $75,000

Established: 2019

Salon Suite Franchise: Two-location licenses at $10k discount

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Asset Sale Description

This is an opportunity to purchase the license rights for two locations of a salon suite franchise in the Austin TX area. It is the fastest growing salon suite concept in the US and the only one to earn a "Franchise 500" ranking by Entrepreneur Magazine and over 225 salons open. The seller is offering the license rights only, at a $10,000 discount to what it would normally cost to enter this business. Buyer will be responsible for real estate search search, build-out, and occupancy of the sites.

Franchisor's real estate team with work to ensure you pick the right location for your salon suite. They will work with you and your landlord to ensure that the location you pick meets all of the requirements to support the business. Most importantly, they will negotiate with your landlord to make sure you get the absolute best deal in regards to rent, tenant improvements and lease abatement. The franchisor has secured over $50,000,000 in Tenant Improvement and Allowances from Landlords across the Country.

Development - Franchisor construction assistance starts with a third party architectural firm that has drawn most of the plans for our locations. Due to the volume of business this firm has done with the franchisor, they will save you
between 50 and 75% on what you would pay another architect. Upon completion of your plans, the franchisor can suggest a general contractor that has worked with us in the past, or assist you in finding one from your market. This assistance includes helping you negotiate the contract to help you avoid hidden fees and change orders.

Pre-Opening Support - The franchisor pre-leasing department is available to help you with filling your suites before you open your doors. This team consists of individuals from the salon industry that know what is important to a salon professional and what is not. They can speak the language and help make sure that each potential tenant
is handled in a way that gives you the best chance to secure them as a suite renter at your location.

On Going Support - The franchisor can offer you marketing, operational, and moral support. You will have access to additional income producing opportunities that are not available to any of our competitors or independent salon suites. These additional opportunities will not only add revenue to your location but will also make it more attractive to prospective salon professionals.

The ideal candidate is anyone that is looking for passive income and that is willing to learn. We have over 70 Franchise partners from all walks of life. We want our candidates to be family oriented and looking for an opportunity to take advantage of. $1MM net worth recommended, with a total investment of $400k+ to fully develop the business. Third party financing up to 80% of funds is available to qualified candidates.

Detailed Information

Location:
Austin, TX
Support & Training:
Included in your franchise fee is a multiple day training with the founders and executive team. Training for two individuals is included in the franchise fee. Franchisee is responsible for all travel expenses. You will learn how to market your location to salon professionals in your area, manage your location through your property manager and operate your location on a day to day basis. Franchisor will supply you with all of the information that the franchisor amassed during their years of operation so you can put our best practices to work for you and avoid the mistakes. When you are ready to open your location, a member of the operations team will come to your location to prepare you for opening and make help make any last minute changes before opening.
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Kyle DeHaas

Asset Sale Listed By:
Kyle DeHaas

DeHaas Consulting

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