NOT DISCLOSED, Texas
| Asking Price |
$2,220,000 |
Year Established |
2013 |
|
| Annual Revenue |
$1,201,262 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Joseph Kim |
|
| Annual Cash Flow |
$429,504 |
Listing Number |
1014375 |
|
| # of Employees |
1 |
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
Two Location Salon Suites for Sale! This established salon suites business operates from two successful locations, with the first founded in 2013 and the second added in 2018. The business model centers on leasing private salon suites to independent beauty and wellness professionals, including hairstylists, estheticians, barbers, nail technicians, massage therapists, and other personal service providers. Each location features approximately 35 private suites and maintains an average occupancy rate of approximately 95 - 100%, reflecting strong demand, a loyal tenant base, and consistent recurring revenue.
The owner currently manages one location while an experienced manager oversees the second location with periodic owner supervision. The business has demonstrated steady financial performance through recurring rental income, supported by regular rent increases and high occupancy. With an established operating model and continued demand for salon suites, the business is well positioned for future growth under new ownership.
Marketing efforts include dedicated websites for each location, an active social media presence, search engine optimization, Facebook advertising, and other digital marketing initiatives. The business has developed a strong reputation within the local beauty community, with a significant portion of new tenant inquiries generated through referrals and word-of-mouth. The combination of brand recognition, consistent tenant demand, and proven marketing strategies provides a solid foundation for continued success and expansion.
The owner remains actively involved in the business, devoting approximately 15 to 20 hours per week to overseeing one location, managing financial operations, negotiating lease agreements, and supervising employees. Daily operations at both locations are handled by experienced staff and management, allowing for efficient operations while maintaining consistent service and profitability.
This represents an outstanding opportunity to acquire a well-established, profitable salon suites business with a proven operating model, stable recurring revenue, high occupancy, and significant potential for continued growth in a thriving and resilient industry.
Property Features and Assets:
<p>Each location is located in highly desirable locations with high foot traffic surrounded by affluent demographics. / Inventory: $1,500 (Included in listed price).<br></p>
Market Competition and Expansion:
<p>Competition: There are competitors but these salon suites attract seasoned stylists in the industry who are successful and prefer a certain work environment and atmosphere which suits their style and clients needs. / Growth and Expansion: The combination of brand recognition, consistent tenant demand, and proven marketing strategies provides a solid foundation for continued success and expansion.<br><br><br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity