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  • RE:  Salon Suites Business For Sale
  • Contact:  Joseph Kim
  • License #: 567204

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $858,781
Net Profit: Not Disclosed
Cash Flow: $370,187
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 2
BBN Listing #: 986739
Broker Reference #: #001448

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Business Overview:

Salon suites business for sale! Don't miss this rare opportunity to acquire two established salon suite businesses in a highly sought-after market. Both locations were founded in the early 2000s and acquired by the current owner in 2014. The business model involves leasing individual salon suites to independent beauty professionals, including hairdressers, estheticians, barbers, nail techs, massage therapists and other service providers. Each location features approximately 40 suites, with occupancy rates consistently between 93% and 96%, demonstrating high demand and a stable tenant base.

Both salons were fully renovated in 2020, ensuring modern, well-maintained facilities. The business generates steady revenue through regular rent increases and has room for further growth, either by expanding the number of suites or increasing rental rates for existing spaces.

Current marketing efforts include websites for each location, social media presence, and advertising on platforms such as Google Ads, Facebook, and Instagram. While the business benefits from a solid stream of tenants, there is potential for further marketing expansion to attract additional prospects.

The owners are minimally involved in the business, managing financials, rent collection, and some marketing, while day-to-day operations are handled by staff. This efficient management structure has helped the business maintain consistent profitability.

This opportunity is ideal for buyers seeking a proven, profitable business with room for growth in a thriving market.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Both salon facilities are located in east Tarrant County, within busy retail strips. Both facilities benefit from high visibility, easy access, and ample parking. Each salon is comprised of approximately 40 individual suites to lease out. / Inventory: $2,100 (Included in listed price).

Market Competition and Expansion:

Competition: There are other salons in the area, however, these salons maintain a competitive edge through quality, pricing, and as an independently owned business that can respond quickly to market needs. / Growth and Expansion: The salons offer strong revenue potential with consistent lease income and regular annual rent increases. There is room to grow by adding more suites or combining existing ones for higher rates. The owners can also adjust lease prices to boost revenue. Increased exposure on social media would further enhance growth.


Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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