Profitable Absentee-Owned Salon Suites in North Dallas
Business Description
This profitable salon suites business in an upscale and safe North Dallas Texas community represents an exceptional absentee ownership opportunity in North Dallas's thriving beauty industry. Established in 2011, this well-positioned operation generates $315,000 in annual revenue with $140,000 in cash flow, demonstrating strong financial performance over its 13-year history.
The 4,000 square foot facility houses 24 individual salon suites with an impressive 96% occupancy rate and only one current vacancy. The business benefits from exceptional tenant stability, with average tenant tenure exceeding five years, creating predictable recurring revenue streams. This tenure significantly above industry averages reflects the quality of the facility and management approach.
Recent renovations have enhanced the property's appeal and competitive position in the market. The business operates from a prime location serving as an anchor tenant, benefiting from high visibility and accessibility in the local established commercial corridor.
Financial highlights include favorable lease terms at $10,800 monthly through November 2027, providing cost predictability and below-market rates for the area's NNN structure. The FF&E valued at $60,000 supports immediate operational continuity.
This turnkey operation requires minimal hands-on management, making it ideal for absentee ownership. The seller commits to filling the last remaining vacancy, ensuring full occupancy at closing. The business has built an outstanding community reputation, contributing to its tenant retention success.
The current owner, pursuing other business interests, will provide 30 days of transition support to ensure seamless ownership transfer. With established systems, loyal tenants, and strong cash flow, this represents a stable investment in the resilient beauty services sector.
Key strengths include the absentee-friendly operation model, below-market lease rates, recent facility improvements, and exceptionally stable tenant base in a desirable North Dallas location.
The 4,000 square foot facility houses 24 individual salon suites with an impressive 96% occupancy rate and only one current vacancy. The business benefits from exceptional tenant stability, with average tenant tenure exceeding five years, creating predictable recurring revenue streams. This tenure significantly above industry averages reflects the quality of the facility and management approach.
Recent renovations have enhanced the property's appeal and competitive position in the market. The business operates from a prime location serving as an anchor tenant, benefiting from high visibility and accessibility in the local established commercial corridor.
Financial highlights include favorable lease terms at $10,800 monthly through November 2027, providing cost predictability and below-market rates for the area's NNN structure. The FF&E valued at $60,000 supports immediate operational continuity.
This turnkey operation requires minimal hands-on management, making it ideal for absentee ownership. The seller commits to filling the last remaining vacancy, ensuring full occupancy at closing. The business has built an outstanding community reputation, contributing to its tenant retention success.
The current owner, pursuing other business interests, will provide 30 days of transition support to ensure seamless ownership transfer. With established systems, loyal tenants, and strong cash flow, this represents a stable investment in the resilient beauty services sector.
Key strengths include the absentee-friendly operation model, below-market lease rates, recent facility improvements, and exceptionally stable tenant base in a desirable North Dallas location.
About the Business
- Years in Operation
- 15
- Employees
- 2 Contractors
- Facilities & Assets
- All salon FF&E required by TDLR
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $10,800 per month
- Lease Expiration
- 11/5/2027
About the Sale
- Seller Motivation
- Pursuing other business interests
- Transition Support
- Sellers will offer 30 days to transition business
Listing Info
- ID
- 2537683
- Listing Views
Listing ID: 2537683 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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