Hot Listing

Gorgeous Salon Suites in North TX, Price Drop

Asking Price$650,000

Cash Flow

EBITDA$160,000

Gross Revenue$500,000

Inventory$1,500
Included in asking price
FF&E$150,000
Included in asking price
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Hot Listing

Gorgeous Salon Suites in North TX, Price Drop


Asking Price$650,000

Cash Flow

EBITDA$160,000

Gross Revenue$500,000

Inventory$1,500
Included in asking price
FF&E$150,000
Included in asking price
Business Description
This established salon suite facility represents a premium investment opportunity in the thriving North Texas beauty services market. The business operates as a fully functional salon suite rental property, providing independent workspace solutions for professional hair stylists and beauty professionals.

Business Operations:
The facility maintains an impressive 87% occupancy rate, demonstrating strong market demand and effective tenant retention. The property houses an established network of experienced hair stylists who have maintained long-term tenancy relationships since the facility's inception, providing stable recurring revenue streams.

Financial Performance:
The business generates consistent rental income through weekly lease agreements averaging $230 per suite. This rental structure provides predictable cash flow and positions the facility competitively within the regional salon suite market.

Real Estate Position:
The property benefits from a secure lease arrangement featuring three years remaining on the current term, with an additional five-year renewal option available to qualified purchasers. This lease structure provides operational continuity and long-term growth potential for the incoming owner.

Market Advantages:
Located in Plano, Texas, the facility serves the robust North Texas metropolitan area, benefiting from strong demographics and continued population growth. The salon suite model capitalizes on the growing trend of independent beauty professionals seeking turnkey workspace solutions without the capital requirements of traditional salon ownership.

This turnkey operation offers an established revenue base, proven tenant relationships, and strategic positioning in a resilient service industry segment.
About the Business
Years in Operation
26
Facilities & Assets
This is a complete turnkey modern salon suite fully operational in North Texas. All suites are mostly rented, with a few empty. Three brand-new AC units. Lots of other amenities that other salon suites don't offer. This salon suite is well known in the area for titsappearance, great ambiance, and strong commitment to the service.
Market Outlook / Competition
Social media, in house marketing. promoting the salon suites for rental with 5 miles radius.
Opportunities for Growth
There is a significant opportunity to increase overall sales and rental income. This can be achieved through a combination of attracting new tenants and gradually adjusting current tenant rents, many of which have not been updated for some time
Additionally, word-of-mouth continues to be the most effective marketing tool for both local and out-of-area renters. By maintaining strong tenant satisfaction and occupancy, demand, and long-term stability.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
10,000
Rent
$23,650.00 per month
Lease Expiration
2/28/2029
About the Sale
Seller Motivation
Family illness and lots of travelling away from the business. Family decision!
Transition Support
Two weeks training on site and 2 months of phone support assistance for smooth transition.
Listing Info
ID
2422625
Listing Views
1273

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Business Listed by: Allen Faradineh Pacific Merger Group

Listing ID: 2422625 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.