Rare Find, Beautiful salon suites in Heart of Collin County Texas
Business Description
Rare Find, Beautiful salon suites in Heart of Collin County Texas
This is a rare opportunity to acquire fully operational Salon suites in North Texas. it serves network of top flite hair stylists that has been with salon since the beginning. running at 87% occupancy. Lease has 3 years with 5 years option to a qualified new buyer. rental average cost is $230 weekly.
About the Business
- Years in Operation
- 25
- Facilities & Assets
- This is a Complete Turn key modern Salon suites fully operational in North Texas. All suites mostly rented with few empty. Three Brand New AC units. lots of other amenities that other salon suites don't offer. This salon suites is well known in the area for the appearance, 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 lot can be done to increase sales(rental income). Attracting new tenants and increasing the current tenant rent in a good while. Word of mouth still the greatest thing for our local and distant renters. Current suite rental rate is still below the market rate.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 10,000
- Rent
- Not Disclosed
- Lease Expiration
- 2/28/2029
About the Sale
- Seller Motivation
- Family illness and lots of travelling away from the business. too much stress!
- Transition Support
- Two weeks training on site and 2 months of phone support assistance for smooth transition.
Listing Info
- ID
- 2422625
- Listing Views
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.
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