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Leasing Individual Salon Suites Business
Location: United States -> North Carolina -> Wake County
Industry: Hair and Beauty > Beauty Salons and Barber Shops




Business Summary

Salon suites spa leases out 31 individual suites to salon professionals, with revenues coming from leasing of the suites annually and collected weekly. The opportunity is designed for a passive investor. With over 8 years of history across 6 other locations in FL and IL, the owners are developing 2 new locations in NC. The opportunity provides for an 8-10% return on investment, amortized over 10 years. Please refer to listing number 6401-44535 and broker Erin Crawford when inquiring.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train for 2 weeks at no cost.
Reason For Selling:  Partnership/equity offering.




Print Listing Id: 700244313
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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