Salon Suites - Real Estate/High Occupancy/Weekly Cash Flow

Asking Price$2,900,000

Gross Revenue
$405,117

Net Operating IncomeNot Disclosed

FF&E$247,047
Included in asking price
Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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Salon Suites - Real Estate/High Occupancy/Weekly Cash Flow


Asking Price$2,900,000

Gross Revenue
$405,117

Net Operating IncomeNot Disclosed

FF&E$247,047
Included in asking price
Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
Two Separate Salon Suites offer a unique investment opportunity in a highly sought-after and affluent area of Tarrant, TX. This fully operational, well-maintained property is designed specifically for beauty professionals seeking flexible, upscale spaces. With high demand for salon suite leasing and an established reputation in the community, this is a prime asset for any investor or owner-operator looking to expand into the rapidly growing salon suite market.
• Recession resistant business
• Short term leases (one year or less) allows dynamic repricing
• Exceptionally low turnover rate and consistent high occupancy
• Currently in-place rents yield higher than market rental rates given the subdivision of the space
• Multi-tenant base reduces vacancy/business risk of single tenant lease
• Tenants pay weekly in advance

Salon One:
• Asking Price $1,893,573
• Built 2007
• Building 3,901 SF
• Land 20,030 SF
• 96% Occupied

Salon Two:
• Asking Price $1,400,387
• Built 2011
• Building 3,263 SF
• Land 25,998 SF
• 76% Occupied
Listing Info
ID:
2348444
Listing Views:
786

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Property Listed by: Pam Vincent Transworld Business Advisors, North DFW

Listing ID: 2348444 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.