This salon suites offers a turnkey opportunity to acquire a fully built-out, revenue-generating salon suite business located in a desirable North Phoenix location. The business is currently operating under absentee owner/partners who are not involved in daily management. Despite the lack of hands-on oversight, the business remains profitable with consistent rental income. With active management and renewed marketing, a new owner can realistically stabilize annual revenues in the $250,000–$275,000 range, which would get the SDE in the range of $140-150K.

A slight downturn occurred approximately two years ago when an onsite partner exited the business. Since then, operations have been maintained but not optimized. The facilities and reputation remain strong, and the foundation is in place for a new, engaged owner to restore growth and profitability.

• Attractive Price Point: Priced at $295,000, this is an affordable entry into the salon suite market with significant upside potential.
• Strong Facility Buildout: Over $470,000 invested in leasehold improvements, providing a high-end, modern environment for tenants.
• Long-Term Lease: Recently extended through January 2028 with favorable terms and modest annual increases.
• Minimal Competition Nearby: Well-located in a growing trade area with strong demographics.
• Passive Ownership Structure: Current absentee operation highlights the potential impact of engaged management.