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Salon Suites - Real Estate / High Occupancy
Location: United States -> Texas -> Tarrant County
Industry: Real Estate > Other Real Estate




Business Summary

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

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


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $405,117
Cash Flow:   $247,047
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $130,117
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Number of Weeks Seller Will Offer Training: 4
Reason For Selling:  Other business interests




Print Listing Id: 700400432


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