Business For Sale

Successful Salon Suites in Upscale Location

Portland, OR
Multnomah County

Asking Price: Annual Revenue:
$500,000 $410,000

Services: Real Estate

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RE: Successful Salon Suites in Upscale Location Broker: Tim Mulks

Quick Facts

Asking Price: $500,000
Annual Revenue: $410,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 1
BBN Listing #: 959949563
Broker Reference #: Not Disclosed

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Business Overview:

Amazing Cash on Cash return for this semi-absentee business! $150k cash investment will return $200k annual income. We are a 5,000 foot mini mall of Salon Suites that provides a 5 star environment to salon and spa professionals. These professionals rent our suites to operate their independent spa and salon businesses. Our 28 tenants decorate their suite to create their specific vibe and culture and supply it with their own tools of their trade. We provide the suite; secure card lock and video access 24 hours per day, 5 star environment, shared upscale restrooms, towel service, utilities, Wi-Fi, and even liability insurance for our tenants. We receive weekly rents paid electronically by our tenants to simplify cash flow management. We provide an economical and professional solution for independent salon and spa owners for operating their business without the expenses of leasing a strip mall location and the need to hire additional employees to offset the expenses.

This is a scalable business with the option of adding additional units to build your empire. A qualified buyer will need Net Worth or $750k and $350k liquid with good credit

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Market Competition and Expansion:

This is a the leading franchise company in the Salon Suite industry with over 225 successful locations and ZERO failures!

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 a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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