Salon Suites Business for Sale - Business for Sale
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Salon Suites Leasing Business with 6 Locations in Texas
TX, US
Added 11 months ago
Salon Suites Business
12 years in business
Absentee / Semi-AbsenteeRetiring Owner
Multi-location salon suites business in Texas leases individual suites to independent beauty professionals, with six operating locations and a seventh under construction.
Key Information
Asking
$8.4M
Revenue
$4.0M
Earnings
$1.5M
Multiple
5.8x
Key Highlights
- Business was established in 2013 and has been operating for 12 years.
- There are 6 operating locations, each with roughly 40 suites or more and approximately 95% occupancy rates.
- A 7th location is under construction and can be acquired for an additional amount.
- Business model is leasing individual salon suites to independent beauty professionals.
- Owner manages one location and oversees managers at the other 5 locations; 5 part-time employees.
- Financing available with 40% cash down; otherwise, 100% cash at closing.
Contact Info
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