NOT DISCLOSED, Florida
| Asking Price |
$500,000 |
Year Established |
|
|
| Annual Revenue |
$325,000 |
Reason for Selling |
|
|
| Annual P/L |
|
Attention |
Michael Shea |
|
| Annual Cash Flow |
$200,000 |
Listing Number |
986362 |
|
| # of Employees |
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Business Category |
Services: Hair, Nails, Spas, Tanning |
|
Business Overview:
Imagine stepping into a luxurious, meticulously designed salon space that exudes sophistication and professionalism. This booth rental salon business boasts 24 individual units, each carefully crafted to provide independent beauty professionals with their own private workspace. (16 rented current).
The salon’s gorgeous buildout features high-end finishes, modern lighting, and a sleek, contemporary aesthetic that immediately impresses both stylists and clients alike. The attention to detail is evident in every aspect, from the custom-designed styling stations to the elegant common areas.
In the short history of the business it is already profitable with 16 units already occupied by talented stylists, nail technicians, and other beauty professionals, this salon is not just visually stunning – it’s a thriving, cash-flowing business. The steady stream of rental income from these units provides a reliable and predictable revenue source for the owner.
As a lifestyle business, this salon offers the perfect balance of profitability and manageable workload. The booth rental model minimizes the day-to-day operational responsibilities typically associated with running a traditional salon. There’s no need to manage a large staff, handle payroll, or worry about inventory – the independent professionals take care of their own business operations.
The owner enjoys the benefits of a successful enterprise without being tied to the salon full-time. With a well-established system in place and a reputation for excellence, this business allows for a flexible schedule and the freedom to pursue other interests or simply enjoy more leisure time.
In essence, this booth rental salon business represents the ideal combination of a stunning, high-end establishment and a smart, low-maintenance investment opportunity. It’s a turnkey operation that continues to generate income while offering the owner an enviable work-life balance
Property Features and Assets:
<p>Leased - Commercial</p><p>Beautiful built out facility with suite options of (10x10, 11x12, 16x14) units. Training room avail that can be converted to a suite for a team of beauty staff increasing income.</p><p>Monthly Rent - $12,000</p><p>Square Units - 4854</p><p>Lease Expiration Date - November 19th, 2026</p><p>Terms Options - 5 Year option available</p>
Market Competition and Expansion:
<p>Potential Growth - <span >active owner can work on recruiting tenants, marketing for co-work education training in training room or convert that room to a double tenancy increaing repeat revenue. Negotiate with vendors for group discounts and value creation for tenants</span></p><p><span ><br></span></p><p>Competitive Overview - <span >salon overhead is tough for salon owners. this model allows beauty professionals to focus on thier brand withing a state of the art and appealing facility.</span></p>
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