Listing Number: 21997-590597
Description
This established salon suites business has been operating for over a decade, offering 19 private suites for independent beauty professionals. Many tenants have remained for years and occupancy is consistently strong, with new vacancies typically filled within 30 days. Suites range in size from about 90-300 sf.
The center benefits from excellent visibility and foot traffic, supported by nearby popular retail and eating establishments. One- and two-year lease agreements provide recurring, reliable rental income for the owner.
The current owner works in the business about 5 hours a week but is selling due to the long commute from his home and full-time career. Seller financing may be available with a significant cash down payment at closing.
Listing Details
- Price: $339,000
- Down Payment: $339,000
- Sellers Discretionary Earnings: $84,070
- Total Sales: $234,221
- Location: Maricopa County, Arizona
- Inventory: $0
- FF&E: $0
- Employees: 1
- Reason for Selling: Other Interests
- Category: Beauty/Personal Care
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