Business for Sale

50+ Room Salon Suites #1816

Businesses for Sale in Texas, Beauty Salons for sale

Business Id :         BSM1059

Location :               Texas > Collin > Dallas/Ft Worth Metroplex

Category :              Beauty Salons >

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Business Detail
Asking Price : $139,900
Sales revenue : $228,379
Inventory : $33,100
Cash Flow : $72,790
Status of Business : For Sale
Relocatable : No
Business closed : No
Home based : No
Employees : 1
Year Established : 1997
Summary :
Beautiful salon lease suites facility conveniently located in the North DFW area. Approximately 8,800 square feet holds 58 suites. The suite tenants are provided completely furnished and private suites for hair care specialists, massage therapists, nail technicians, aestheticians and other beauty and wellness service providers. The suites have been newly renovated on the inside and are gorgeous. The business is established and been at that location since 1997. The tenants pay their rent weekly and the suites are currently 70% occupied. There is room for growth through increase in suite rental through advertising and marketing. The business has a small retail shop in the greeting area as well. This area could be expanded as well for additional income. This concept is the fastest growing standard in the salon industry. Great business at a reasonable price with growth opportunity! This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions at 972-219-6961. For more about the buying process, go to www.GatewayMA.com.
Business Competition :
Business located in prime location in Plano on a busy intersection. Beautiful area with high traffic count. The salon has been renovated on the inside and is very appealing. There are 58 salon suites and the salon is almost full. Salon owner leases individual salon suites to hair dressers, masseuses, nail technicians, aestheticians and other beauty and wellness service providers. Great location and simple to operate.
Business Expansion :
The business has growth opportunity by not only filling the remaining suites, but also through expansion in the space next door or by increasing of rental income.
Reasons for Selling :
Downsizing

Uploaded Documents:

Available upon Request.

Contact Information :
Name : Gateway M. & A.
Phone No. : 972-219-6961
State : Texas
County :
City : Lewisville
For more information about this business for sale, click the Contact Seller button.
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Posted By:
Broker Name: Gateway M. & A.
Broker Company Name: Gateway Mergers & Acquisitions
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