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

Listing Number: 52941-119031

Description

Two Separate Salon Suites offer a unique investment opportunity in a highly sought-after and affluent area of Tarrant County, 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

• Includes $130K FFE 

• Business offers weekly cash flow and appreciating real estate asset

Listing Details

• Price: $2,900,000
• Down Payment: --
• Sellers Discretionary Earnings: $247,047
• Total Sales: $405,117
• Location: Tarrant County, Texas


• Inventory: $0
• FF&E: $130,117
• Employees:
• Year Established: 2007 & 2012
• Reason for Selling: Other business interests
• Category: Beauty/Personal Care