HS Listing ID-68286

Two Established Salon Suite Locations – Absentee Ownership

Package of two profitable salon suite facilities available for acquisition. Combined annual revenue is approximately $1.63M with $768K in net income, both operating 99% absentee.

Each location offers private, turn-key suites rented to beauty professionals such as hairstylists, barbers, estheticians, and nurses. Tenants enjoy the flexibility of running their own business without the expense of a full storefront, while ownership benefits from steady rental income, minimal overhead, and virtually no day-to-day management.

Both locations maintain 97–100% occupancy, with suites typically re-leased within 1–2 weeks of vacancy.


WILL SELL AS PACKAGE OR SEPARATELY



Franchise Fee: $0.36 per sq. ft. (~$2,500 per location)
Operations:

No seller financing

24/7 keyless entry app – Lights remain on 24/7

Repaints rooms after tenant turnover (~$500 each room)

Occupancy rate for both locations is 97-100%

Location 1

Opened: February (1 year old as of upcoming February)

Size: 7,000 sq ft

Buildout Cost: $2 million

Sales: $80,000/month

Net Profit: ~$39,000/month (~$468,000/year)

Valuation (5×): ~$2,340,000

Lease: 20–30 year lease total

9 years remaining + two 5-year renewal options

10% rent increase every 5 years

Rent: $29,052.75/month (includes taxes & CAM)

Security Deposit: $100,000

Rooms: 38 suites

Staff:

1 Front desk employee: $500/week (5 days/week)

Cleaning: $600/month (2×/week)



Location 2

Size: 5,995 sq ft

Sales: $56,000/month

Net Profit: ~$25,000/month (~$300,000/year)

Valuation (5×): ~$1,500,000

Lease:

7 years remaining + two 5-year renewal options

10% rent increase every 5 years

Rent: $19,000/month(includes taxes & CAM)

Security Deposit: $60,000

Rooms: 32 suites

Staff:

No employee

Cleaning only ($600/month)

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION