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- RE: Upscale Salon Suites Portfolio
- Contact: Tony Gonzales
Quick Facts
Asking Price: | $1,590,000 | |
Annual Revenue: | $1,354,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $334,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | Not Disclosed | |
BBN Listing #: | 984168 | |
Broker Reference #: | 11678 |
Business Overview:
Step into a booming, recession-resistant, service-oriented industry with this portfolio of NON-FRANCHISED upscale salon suites located in the East Valley of Phoenix. With 4 thriving locations and a growing demand from independent beauty professionals, this is a turnkey investment for seasoned entrepreneurs or investors seeking solid returns. 2 locations have been operating for over 5 years and remain at or near full capacity. A 3rd opened 18 months ago and is approaching full occupancy, while a brand-new 4th location provides untapped growth potential. Minimal ownership time commitment required—focus on marketing to stylists and processing tenant applications via a streamlined on-line system. Suites are 20% larger than average competitors, featuring 5-star designs, tenant relaxation lounges, Suite Mini-splits with independent thermostats (2 locations) and 24/7 access. A highly attractive option for beauty professionals ready to elevate their businesses in their own space. All locations are in high-visibility, high-traffic areas within the rapidly growing East Valley, a region experiencing significant population and job growth. Over $2 million was invested in build-outs and premium furnishings, resulting in 100+ rentable suites. Long-term leases on three properties, with ownership of the fourth location’s real estate allowing for a smooth lease assignment process. This portfolio of Studios offers unmatched tenant offerings, superior locations, and a recession-resistant business model in a high-growth market. It’s a scalable operation with opportunities for future expansion in other high-demand areas in the Valley of the Sun. The seller is a real estate investor who wants to free up capital for other investments. Real Estate is not included in the asking price. Serious inquiries only. All interested parties must complete a Non-Disclosure Agreement to receive further details.
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Property Features and Assets:
Rent & Lease Terms Vary
Reason for Selling:
other businessesAdditional 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
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