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- RE: Multi-location Independent Salon Suites Rental
- Contact: Jeff Snell
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $79,011 | |
Net Profit: | $342,532 | |
Cash Flow: | $342,532 | |
Total Debt: | Not Disclosed | |
FF&E: | $55,093 | |
Real Estate: | $850,000 | |
Year Established: | 1998 | |
Employees: | 2 | |
BBN Listing #: | 940565 | |
Broker Reference #: | SUITES2 |
Business Overview:
This multi-location salon suite rental business is operated semi-absentee and generates impressive income. Established for decades, the business consistently maintains a waitlist of stylists wanting to sign rental agreements.
This exceptional opportunity provides steady returns renting salon suites in the Triangle, NC area. This innovative business offers a unique salon where talented stylists and designers showcase their skills, connect with clients, and build their brands in a vibrant, creative community offering a wide range of services.
Acquiring this business and associated commercial property is not only an investment in a profitable business; it's a chance to be a leader in reshaping the beauty industry. With its strong brand identity, loyal customer base, and scalable business model, the business is perfectly positioned for further expansion into new markets and services.
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Property Features and Assets:
Located in professional/retail/office parks. Note that the building square feet and rent is for all locations. Only one location is available for purchase.
Market Competition and Expansion:
Competition has entered the market with little, if any, impact on occupancy rates.
Additional locations could be added in or outside of the triangle area.
Reason for Selling:
Other Interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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- View more North Carolina businesses for sale
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