NOT DISCLOSED, Texas
| Asking Price |
$2,900,000 |
Year Established |
|
|
| Annual Revenue |
$405,117 |
Reason for Selling |
Other business interests |
|
| Annual P/L |
$0 |
Attention |
Pam Vincent |
|
| Annual Cash Flow |
$247,047 |
Listing Number |
988551 |
|
| # of Employees |
|
Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
Two Separate Salon Suites offer a unique investment opportunity in a highly sought-after and affluent area of Tarrant County, TX. This fully operational, well-maintained property is designed specifically for beauty professionals seeking flexible, upscale spaces. With high demand for salon suite leasing and an established reputation in the community, this is a prime asset for any investor or owner-operator looking to expand into the rapidly growing salon suite market.
• Recession resistant business
• Short term leases (one year or less) allows dynamic repricing
• Exceptionally low turnover rate and consistent high occupancy
• Currently in-place rents yield higher than market rental rates given the subdivision of the space
• Multi-tenant base reduces vacancy/business risk of single tenant lease
• Tenants pay weekly in advance
• Includes $130K FFE
• Business offers weekly cash flow and appreciating real estate asset
Property Features and Assets:
<p>Real Estate Asking Price<br>$2.900.000,00<br></p>
Market Competition and Expansion:
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