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

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For More Information About This Listing
Philip Handke
License # SA 713031000
President's Club

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