Attractive Salon Suites with Excellent Lease in Triad

Business
  • Listing# : 15237
  • Listed Price : $315,000
  • Total Sales : $141,356
  • SIC : 7231
  • Down Payment : $283,500
  • Status : Active
  • Discretionary Earnings : $46,674

Business Type :

Beauty/Personal Care / Hair Salon

Business Description :

Excellent semi-absentee/investment opportunity (only 6 hours a week) to own a salon suites management company. High-end facility and upfit, suites are rented by independent stylists. Owner function is similar to that of a property manager/landlord/real estate investor (through long-term lease) with 15% cap rate. Minimal time requirement per week. Onsite facility ambassadors take care of day-to-day.  Excellent chance to own upscale salon suites at a fraction of the upfit cost.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $1,500
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $5,200
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $308,300
    • Incl : Yes
    • Total Assets $315,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Beauty/Personal Care
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