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Business For Sale

Salon Suites in N. Houston - Fully Occupied

Houston area, TX

Services: Hair, Nails, Spas, Tanning

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,050,000
$389,145
$222,787
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
2
42213260

Business Overview:

This is a magnificently styled 8,700 square feet salon suite facility that provides beauty professionals with the freedom and flexibility of their own private suite. The business has a two year contract agreement in place with each stylist suite, and each suite pays weekly rent for space and the common services such as cleaning, laundry facilities, food and drink bar, and boutique services. There are approximately 40 suites of various sizes and rents, with the average being approximately $800 per month and all are currently occupied. This business can be run by the two managers and the owner is almost absentee making this a great investment providing a large return.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

8,692 Square Feet facility in shopping center

Market Competition and Expansion:

More advertising for salon.

Reason for Selling:

Moving out of state.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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