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Updated over 11 years ago on . Most recent reply

Larry Flanagan's profile image
Larry Flanagan's profile image
Larry Flanagan
  • Investor
  • from Midwest, USA
  • Member since May 31, 2012
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Larry Flanagan's profile image
Larry Flanagan's profile image
Larry Flanagan
  • Investor
  • from Midwest, USA
  • Member since May 31, 2012
Connect
Larry Flanagan
  • Investor
  • Midwest, USA
33
Votes |
204
Posts
Commercial Real Estate Investing

Franchise salon

Larry Flanagan
  • Investor
  • Midwest, USA
Posted

I have a guy who basically wants to give me a franchise salon. Of course it makes no money. The gross revenues are about $150,000/yr, the net hovers around $0 plus or minus. Does anybody have experience owning something like this? I'm tempted to get involved just to see if I can drive revenues up - I enjoy marketing. But I'm also concerned it could be a total waste of time & effort.

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