Salon & Barber Suites – Nashville
Business Description
• Modern build out: Approximately $900k invested in high quality leasehold improvements and custom suite furnishings.
• Recurring revenue: individual suites leased to independent beauty professionals on monthly agreements, generating stable rental income.
• Strong occupancy: High occupancy at market rates ($1,000 per suite), with potential to increase rents over time.
• Desirable location: Growing Nashville–Davidson County submarket with excellent demographics (median household income ??$72?k) and strong population growth.
• Minimal owner involvement: Absentee owner spends limited hours overseeing finances, marketing vacant suites and coordinating maintenance.
• Growth potential: Raise rents, expand into adjoining space or replicate the concept in other high-growth suburbs.
• Recurring revenue: individual suites leased to independent beauty professionals on monthly agreements, generating stable rental income.
• Strong occupancy: High occupancy at market rates ($1,000 per suite), with potential to increase rents over time.
• Desirable location: Growing Nashville–Davidson County submarket with excellent demographics (median household income ??$72?k) and strong population growth.
• Minimal owner involvement: Absentee owner spends limited hours overseeing finances, marketing vacant suites and coordinating maintenance.
• Growth potential: Raise rents, expand into adjoining space or replicate the concept in other high-growth suburbs.
About the Business
- Years in Operation
- 10
- Employees
- This is a rental business - owner is the only employee
Real Estate
- Owned or Leased
- Leased
- Rent
- $5,000.00 per month
About the Sale
- Seller Motivation
- Moving Equity, Needed for Another Investment
- Financing Options
- Negotiable
Listing Info
- ID
- 2424128
- Listing Views
- 5
Listing ID: 2424128 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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