Salon suites, great cash flow in Tarrant County Texas
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Salon suites, great cash flow in Texas
This salon suite business is one of the best-looking, professionally designed concepts on the market and has consistently generated strong cash flow year after year. It is fully set up for an owner seeking minimal involvement while still enjoying substantial profits. Nearly every aspect of the operation is automated and streamlined. This salon suite offers positive vibes and a welcoming atmosphere.
The current owner spends approximately 5 to 10 hours per month managing the business. At present, there is only one suite vacancy, and the business is producing an annual net income of approximately $138,000.
Located in a beautiful, highly accessible area with excellent visibility and convenience, this is an outstanding opportunity for an investor or owner-operator seeking a stable, semi-absentee business with strong recurring income.
The current owner spends approximately 5 to 10 hours per month managing the business. At present, there is only one suite vacancy, and the business is producing an annual net income of approximately $138,000.
Located in a beautiful, highly accessible area with excellent visibility and convenience, this is an outstanding opportunity for an investor or owner-operator seeking a stable, semi-absentee business with strong recurring income.
About the Business
- Years in Operation
- 16
- Facilities & Assets
- The salon is located in a highly attractive and easy-to-access area within a well-established and reputable shopping center. Many of the current suite renters have remained long-term, reflecting tenant satisfaction and stability. The business offers a great ambiance with a pleasurable and professional atmosphere throughout the property.
The salon suite has been exceptionally well-maintained. All AC units are fairly new, approximately five years old or newer. Each suite is fully equipped with shampoo bowls and additional amenities designed to satisfy the needs of individual renters.
All equipment is in great working condition.
most all the renters are on direct-pay arrangements, which significantly reduces management issues related to rent collection and improves operational efficiency for ownership. - Market Outlook / Competition
- The current owner has operated the business successfully for the past 10 years and has enjoyed strong stability and exceptional tenant retention by treating all suite renters fairly and consistently respecting their needs.
Although there are several other salon suite businesses located within a few miles, this location has established itself as one of the most reputable, well-liked, and efficient operations in retaining long-term suite renters.
All renters are currently on annual leases, and there is a strong expectation that tenants will continue renewing based on the salon’s positive reputation, professional management, and overall atmosphere. - Opportunities for Growth
- Marketing and consistent activity on social media are extremely valuable for any business, especially salon suites. The current owner has done an excellent job maintaining strong occupancy, with only one suite currently vacant and an overall occupancy rate consistently around 90% to 95%.
Maintaining a clean, attractive, and pleasant-smelling salon environment is always important. Hair stylists are artists by nature and greatly appreciate a professional atmosphere with an inviting ambiance where they and their clients feel comfortable. This salon provides that type of environment, which helps encourage long-term tenant retention and overall business stability.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,900
- Rent
- $15,845.00 per month
- Lease Expiration
- 4/30/2028
About the Sale
- Seller Motivation
- considering to retire and do lots of traveling
- Transition Support
- Seller agrees to train the new owner for 2 weeks and 3 months of phone assistance.
Listing Info
- ID
- 2507347
- Listing Views
Listing ID: 2507347 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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