Profitable Absentee Salon Suites in North Dallas. Cash buyers only. - Business for Sale
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Salon Suites Leasing Business in Plano, TX
Plano, TX, US
Added 12 days ago
Salon Suites Business
15 years in business
Absentee / Semi-Absentee
Salon suites business in Plano, Texas, operating since 2011, leases 24 individual suites in a 4,000 sq ft facility with high occupancy and absentee ownership.
Key Information
Asking
$599K
Revenue
$315K
Earnings
$140K
Multiple
4.3x
Key Highlights
- Business established in 2011 (13 years in operation as of listing date)
- 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 valued at $60,000 is included
- Business operates under an absentee ownership model
- Located in Plano, Collin County, TX
Contact Info
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