Passive Income Salon Suites Business for Sale- Owner Absentee
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PASSIVE INCOME SALON SUITES BUSINESS - ASSET SALE
Established in 2023, this turnkey salon suites business in Portsmouth, VA offers an exceptional passive income opportunity in the thriving beauty industry. This asset sale includes a fully built-out facility with individual salon suites ready for immediate rental to beauty professionals.
BUSINESS OVERVIEW:
This absentee-owner business model allows you to generate consistent rental income from independent beauty professionals including hairstylists, nail technicians, estheticians, and other service providers. The complete build-out eliminates the need for costly renovations, providing immediate cash flow potential.
KEY FEATURES:
• Fully constructed salon suites ready for occupancy
• Established rental model with proven income potential
• Minimal hands-on management required
• Growing beauty industry market in Portsmouth area
• Individual suite rental structure maximizes revenue flexibility
LOCATION ADVANTAGE:
Situated in Portsmouth, Virginia, the business benefits from the area's growing beauty services market and proximity to the greater Hampton Roads region, providing access to a large pool of potential tenants.
OPERATIONS:
The business operates on a straightforward rental model where suite tenants pay monthly rent for their individual spaces. This creates predictable recurring revenue with minimal operational complexity. Tenants typically handle their own client bookings, services, and retail sales.
SUPPORT & TRANSITION:
The seller provides two weeks of comprehensive training covering all building systems, management applications, and operational procedures to ensure a smooth transition.
FINANCING OPTIONS:
Flexible financing accepted including cash, check, wire transfer, or business loan funding.
REASON FOR SALE:
Owner is consolidating operations by purchasing a larger property to house all tenants from multiple locations across the 757 area code region.
This represents an excellent opportunity to enter the beauty industry with an established, income-generating asset requiring minimal day-to-day involvement.
Established in 2023, this turnkey salon suites business in Portsmouth, VA offers an exceptional passive income opportunity in the thriving beauty industry. This asset sale includes a fully built-out facility with individual salon suites ready for immediate rental to beauty professionals.
BUSINESS OVERVIEW:
This absentee-owner business model allows you to generate consistent rental income from independent beauty professionals including hairstylists, nail technicians, estheticians, and other service providers. The complete build-out eliminates the need for costly renovations, providing immediate cash flow potential.
KEY FEATURES:
• Fully constructed salon suites ready for occupancy
• Established rental model with proven income potential
• Minimal hands-on management required
• Growing beauty industry market in Portsmouth area
• Individual suite rental structure maximizes revenue flexibility
LOCATION ADVANTAGE:
Situated in Portsmouth, Virginia, the business benefits from the area's growing beauty services market and proximity to the greater Hampton Roads region, providing access to a large pool of potential tenants.
OPERATIONS:
The business operates on a straightforward rental model where suite tenants pay monthly rent for their individual spaces. This creates predictable recurring revenue with minimal operational complexity. Tenants typically handle their own client bookings, services, and retail sales.
SUPPORT & TRANSITION:
The seller provides two weeks of comprehensive training covering all building systems, management applications, and operational procedures to ensure a smooth transition.
FINANCING OPTIONS:
Flexible financing accepted including cash, check, wire transfer, or business loan funding.
REASON FOR SALE:
Owner is consolidating operations by purchasing a larger property to house all tenants from multiple locations across the 757 area code region.
This represents an excellent opportunity to enter the beauty industry with an established, income-generating asset requiring minimal day-to-day involvement.
Detailed Information
- Years in Operation
- 3
- Facilities & Assets
- This is an Asset Sale , 15 salon suites for barbers, hairstylists, nail tech, and many more. 8 rooms have plumbing hook ups inside for Sinks, shampoo bowls.
•3 shampoo bowl stations
• 4 hooded dryers
• $80,000 buildout/ construction to complete suites
• 2 Stackable Washers and Dryers
This asset sale gives you the opportunity to walk into suite business without any additional construction. Just Find your tenants and start making money. Price is valued at $90,000 due to how much the owner has spent on construction, materials, furniture, equipment.
About the Sale
- Transition Support
- Two weeks of support to show you all systems in the building, apps or anything that will better help you with the business
- Seller Motivation
- Owner is buying a building/property to move all of their tenants across the 757
- Financing
- Cash, check, wire transfer, business loan/ funding
Listing Info
- ID
- 2141914
- Listing Views
Listing ID: 2141914 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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