(214) 751-3896
Multiple Units Salon Suites Chain

Multiple Units Salon Suites Chain

This Listing is Closed

Multiple Units Salon Suites Chain

Business Type: Real Estate Related / Renting/Leasing; Beauty/Personal Care / Hair Salon/Day Spa


    • Listing# : 16730
    • Listed Price : $7,800,000
    • Total Sales : $5,202,468
    • SIC : 6519
    • Down Payment : $7,800,000
    • Status : Closed
    • Discretionary Earnings : $1,886,908

Business Type

Real Estate Related / Renting/Leasing; Beauty/Personal Care / Hair Salon/Day Spa

Business Description

The beauty industry has dramatically changed over the last 10 to 15 years. A beauty professional’s dream of working for a “big name” commission salon has shifted to empowered beauty professional’s now working for themselves. They want the freedom, independence, and to have their own dream salon come to life.   When it comes to the ability to provide the beauty industry’s entrepreneurs a personalized and empowering salon ownership experience, the salon suite concept is notably superior to the traditional open-floor salon. Salon suites replace the elbow-to-elbow setup and noisy hustle and bustle of a typical salon with private suites, giving the beauty professionals and their guests an intimate, relaxing space created by the beauty professional themselves. Salon operators nationwide are adapting to and embracing this industry change. This eight location, nine year old enterprise has a proven track record as a leading salon suite brand in a major metropolitan area.   In this salon suite model, beauty professionals pay a flat rental fee for their suite, which they brand, decorate, and operate as they please (within reasonable limits set by the salon suite operator). The guests love the luxury of a private appointment and the full attention of their beauty professional. Salon suites allow beauty professionals to work as an independent business owner, without the expenses associated with building out and leasing a full-size retail storefront. Revenue at each location is driven solely by weekly lease contracts with the individual salon professional tenants. https://goexio.com/salon-suites-chain


Assets / Liabilities

    • Accounts Receivable: $33,818
    • Incl:No
    • Real Estate: $0
    • Incl:
    • Inventory: $0
    • Incl:
    • Liabilities: $-3,163,319
    • Incl: No
    • FF&E: $0
    • Incl:
    • Other: $88,149
    • Incl:No
    • Leasehold: $7,685,682
    • Incl: Yes
    • Total Assets: $7,685,682
    • Incl: Yes

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Assets / Liabilities

    • Accounts Receivable: $33,818
    • Incl:No
    • Real Estate: $0
    • Incl:
    • Inventory: $0
    • Incl:
    • Liabilities: $-3,163,319
    • Incl: No
    • FF&E: $0
    • Incl:
    • Other: $88,149
    • Incl:No
    • Leasehold: $7,685,682
    • Incl: Yes
    • Total Assets: $7,685,682
    • Incl: Yes

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