Price:
$
3,293,960
Salon Suites - Real Estate/High Occupancy/Weekly Cash Flow
Salon Suites - Real Estate/High Occupancy/Weekly Cash Flow
Tarrant County, Texas
$
3,293,960
Two Separate Salon Suites offer a unique investment opportunity in a highly sought-after and affluent area of Tarrant, TX. This fully operational, well-maintained property is designed specifically for beauty professionals seeking flexible, upscale spaces. With high demand for salon suite leasing and an established reputation in the community, this is a prime asset for any investor or owner-operator looking to expand into the rapidly growing salon suite market. • Recession resistant business • Short term leases (one year or less) allows dynamic repricing • Exceptionally low turnover rate and consistent high occupancy • Currently in-place rents yield higher than market rental rates given the subdivision of the space • Multi-tenant base reduces vacancy/business risk of single tenant lease • Tenants pay weekly in advance Salon One: • Asking Price $1,893,573 • Built 2007 • Building 3,901 SF • Land 20,030 SF • 96% Occupied Salon Two: • Asking Price $1,400,387 • Built 2011 • Building 3,263 SF • Land 25,998 SF • 76% Occupied
Map
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The business boasts a reputation for delivering not only contemporary floral arrangements but also an unparalleled level of customer service. Additionally, the shop offers convenient delivery services, further enhancing its appeal to busy, high-profile clients. Winning awards for best Florist in Edmonton and featured in multiple magazines and blogs this flower shop is ready to take to the next level.
Business Highlights;
Loyal Customers
Large social media following
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Pick up or delivery
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Property Types
Listing Details
Salon Suites - Real Estate/High Occupancy/Weekly Cash Flow
Location:
Tarrant County, Texas
Down Payment: $ 329396
Sales:
$
405117
Sellers Discretionary Earnings:
$
247047
Furniture, Fixtures, and Equipment:
$
130117
Reason for Selling:
Other business interests
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
Two Separate Salon Suites offer a unique investment opportunity in a highly sought-after and affluent area of Tarrant, TX. This fully operational, well-maintained property is designed specifically for beauty professionals seeking flexible, upscale spaces. With high demand for salon suite leasing and an established reputation in the community, this is a prime asset for any investor or owner-operator looking to expand into the rapidly growing salon suite market. • Recession resistant business • Short term leases (one year or less) allows dynamic repricing • Exceptionally low turnover rate and consistent high occupancy • Currently in-place rents yield higher than market rental rates given the subdivision of the space • Multi-tenant base reduces vacancy/business risk of single tenant lease • Tenants pay weekly in advance Salon One: • Asking Price $1,893,573 • Built 2007 • Building 3,901 SF • Land 20,030 SF • 96% Occupied Salon Two: • Asking Price $1,400,387 • Built 2011 • Building 3,263 SF • Land 25,998 SF • 76% Occupied
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