Salon Suites Business for Sale - Business for Sale

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Salon Suites Leasing Business with 6 Locations in Texas

TX, US
Added 2 months ago
Salon Suites in Beauty & Personal Care
13 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

$7.0M

Revenue

$3.9M

Earnings

$1.4M

Multiple

5.0x

Key Highlights

  • Year established: 2013
  • 6 locations currently operating, each with roughly 40+ suites and approximately 95% occupancy rate
  • Business model: leasing individual salon suites to independent beauty professionals
  • Owner manages one location and oversees managers at other 5 locations; 5 part-time employees
  • Furniture, fixtures & equipment valued at $148,491 and inventory of $6,000 included in price
  • A 7th location is under construction and can be acquired for an additional amount

Contact Info

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