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Multi-location Independent Salon Suites Rental With Real Estate In North Carolina For Sale

Raleigh, North Carolina, US
Asking Price:
$1M - $5M Furniture / Fixtures included
Sales Revenue:
$790,110
Cash Flow:
$342,532

This multi-location salon suite rental business is operated semi-absentee and generates impressive income. Established for decades, the business consistently maintains a waitlist of stylists wanting to sign rental agreements.

This exceptional opportunity provides steady returns renting salon suites in the Triangle, NC area. This innovative business offers a unique salon where talented stylists and designers showcase their skills, connect with clients, and build their brands in a vibrant, creative community offering a wide range of services.

Acquiring this business and associated commercial property is not only an investment in a profitable business; it's a chance to be a leader in reshaping the beauty industry. With its strong brand identity, loyal customer base, and scalable business model, the business is perfectly positioned for further expansion into new markets and services.

Property Information

Real Estate:

Real Property Included

Location:

Located in professional/retail/office parks. Note that the building square feet and rent is for all locations. Only one location is available for purchase.

Size in square feet:
17,000

Business Operation

Expansion Potential:

Additional locations could be added in or outside of the triangle area.

Competition / Market:

Competition has entered the market with little, if any, impact on occupancy rates.

Reasons for selling:

Serial Entrepreneur has other interests

Trading hours:

Varies by Stylist

Employees:
2
Years established:
26

Other Information

Support & training:

Seller will provide up to 80 hours of transition assistance at no additional cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller may provide a small portion of seller financing to a well-qualified buyer.

Furniture / Fixtures value:
$55,093 - included in the asking price
Home based:
This business can be run from home.