Pending Sale - Profitable Absentee Salon Suites in North Dallas - Business for Sale
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Salon Suites Business with 24 Units in North Dallas, TX
Plano, TX, US
Added 1 month ago
Salon Suites in Beauty & Personal Care
15 years in business
Under ContractAbsentee / Semi-Absentee
Salon suites business in North Dallas, Texas, established in 2011, operating a 4,000 sq ft facility with 24 suites and high occupancy, serving the beauty and personal care industry.
Key Information
Asking
$599K
Revenue
$315K
Earnings
$130K
Multiple
4.6x
Key Highlights
- Business was established in 2011 and has been operating for 13 years
- Facility is 4,000 square feet with 24 individual salon suites
- Occupancy rate is 96% with one current vacancy; seller will fill vacancy before closing
- Average tenant tenure exceeds five years
- Lease terms are $10,800 per month through November 2027 under a NNN structure
- FF&E is valued at $60,000
- Business operates under an absentee ownership model
- Sale is currently pending
Contact Info
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