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Multi-location Independent Salon Suites Rental with Real Estate

Raleigh, NC, USA
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Businesses For Sale | Beauty Salons & Barber Shops For Sale

Listing ID : 428808

Posted on March 2, 2024 View Count 5

Price :
Inquire for Price(Price Reduced)
Business Financials & Assets :
Gross Revenue:
$790,110
Cash Flow:
$342,532
Year Established:
1998
Inventory Included:
No
Description of Inventory Included:
This business requires no inventory.
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$55,093
Property Details :
Business Details :
Number of Employees:
2
Absentee Owner:
Yes
Business Can Be Moved:
No
Real Estate:
Available for Purchase
Building Size:
17,000 Sq. Ft.
Facility & Tenant Improvements:
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.
Competition:
Competition has entered the market with little, if any, impact on occupancy rates.
Growth and Expansion Opportunities:
Additional locations could be added in or outside of the triangle area.
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Financing:
Seller may provide a small portion of seller financing to a well-qualified buyer.
Support & Training Offered:
Seller will provide up to 80 hours of transition assistance at no additional cost.
Reason for Selling:
Other Interests
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

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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