Established Salon Suites Business with Strong Upside Potential
Listing Number: 21997-378740
Listing Details
Established Salon Suites Business with Strong Upside Potential
Price: $450,000
Location: Maricopa County, Arizona
- Down Payment: $400,000
- Sales: $403,000
- Seller's Discretionary Earnings: $100,000
- Inventory: $0
- Furniture, Fixtures, and Equipment: $0
- Employees: 1
- Year Established: 2015
- Reason for Selling: Other Interests
For More Information About This Listing
Philip Handke
License # SA 713031000
Business Description
- Established salon suite rental business leasing private, fully furnished studios to independent beauty and wellness professionals
- Owners reside out-of-state, presenting an excellent opportunity for local, hands-on owner
- Recurring, rent-style weekly income from a diversified tenant base on 1-2 year leases
- Turnkey and fully built out, in a high-visibility retail center with ample parking and strong surrounding traffic
- Semi-absentee operation requiring about 5-10 hours of owner involvement per week
- No special license required to own or operate
- Favorable lease terms with multiple renewal options remaining
- Upgraded building systems, including per-suite climate control for tenant comfort
- Established marketing systems that generate steady inbound tenant inquiries
- Buyers must complete an NDA and buyer profile to receive a CIM
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