Turnkey salon operating on a booth-rental model, offered WITH the real estate included. Eight active stations, all salon infrastructure conveying at closing, in a 3,296 SF building in the Toledo metro.

Current in-place booth income produces $29,504 net to the owner, a 9.8% return on the asking price with the building included. Because stations are leased to independent stylists who bring their own clientele, the owner's obligations are limited: no payroll, no employees, and no service operations to run. This is a passive ownership structure rather than a hands-on salon business.

Proforma income rises to $52,844 as booths reach full-time occupancy, with second-floor space and adjacent suites available and not counted in that figure. Priced at roughly $91/SF, below replacement cost for personal-service retail. Zoning permits personal service, office, and specialty retail uses. Over 71,000 residents within three miles, 61.3% owner-occupied households.

The salon name and goodwill convey with the sale. Because the real estate is included in the asking price, buyers comparing this against typical business-only multiples should note they are acquiring the building as well as the income stream.

Full financials and operating detail available upon request.