Highly Profitable absentee Salon Suites Business

Not Disclosed, TX
Montgomery County


Asking Price: Annual Revenue:
$792,720 $332,356

Commercial Real Estate: Retail & Shopping Centers


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RE: Highly Profitable absentee Salon Suites Business Broker: Steve Merritt

Quick Facts

Asking Price: $792,720
Annual Revenue: $332,356
Net Profit: Not Disclosed
Cash Flow: $198,980
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 567844107
Broker Reference #: 76931-267332

Email or Print Listing

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Business Overview:

42 Suite Salon Suite Rental Business started more than 10 years ago continues to thrive and prosper. Built on the basis of providing independent entrepreneurs a space to operate their business, the business model is one that is a big growth opportunity for individuals or companies that are looking for a low maintenance, easy to operate, highly profitable model. Your job: Keep the spaces filled with paying tenants and maintain the space in an attractive and competitive manner. Margins are high because of the low cost of operating. This space is close to 100% occupied with some continued upside based on suite configuration and future price adjustments to tenants.
This space is close to 100% occupied with some continued upside based on suite configuration and future price adjustments to tenants. The space has an area that once operated as a boutique for clothing and jewelry which could be opened up again (was closed during Covid).

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Reason for Selling:

Retiring

Additional Details:

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

Relevant Links:

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