Beautiful salon suites, Price drop. Absentee ownership - Business for Sale
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Salon Suites Rental Business in Frisco, TX
Frisco, TX, US
Added 7 months ago
Beauty & Personal Care
16 years in business
Absentee / Semi-Absentee
Salon suites rental business located in a high-traffic shopping center in Frisco, Collin County, Texas, operating since 2016 with absentee ownership.
Key Information
Asking
$395K
Revenue
$300K
Earnings
$110K
Multiple
3.6x
Key Highlights
- Business established in 2016
- Located in Frisco, Collin County, TX
- Lease recently renewed with a 5-year term plus a 5-year renewal option
- Business operates under absentee ownership
- Suites generate average weekly rental income of approximately $230 each, with two suites currently vacant
Contact Info
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