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Salon Suite Franchises
Salon suites are similar to a real estate and property management model. These franchise companies provide rental units to beauty and wellness professionals which allows them autonomy over their own businesses. Think of it the way a barbershop rents chairs to its barbers.
This model typically requires almost no employees, is simple, straightforward and great as a long-term investment with recurring income.
Semi-absentee Business Model
Once your salon suites are built out and rented to salon professionals, you can choose your degree of involvement.
Long-term Investment Opportunity
Due to the fact that you will be renting out to fellow salon business owners, you can expect long-term clients as long as you are keeping them happy and well supplied with what they need to succeed.
Recurring Revenue
Renting salon suites is alot like renting real estate. It offers the benefit of a recurring income stream with little need for involvement, aside from emergencies.
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Estee Lauder