*Asking Price does not include Inventory and Equipment but are also for sale

Renovated salon suite with substantial upside and ROI potential

This is a rare opportunity to enter a fast-growing industry and a new real estate asset class. Salon suites are coworking beauty and wellness spaces that lease to beauty professionals on 1+ year terms. This salon suite near the Galleria has 50 suites and underwent an extensive renovation last year, showcasing a modern and contemporary look. There is an option to downsize the space at the landlord's cost, and the seller has recently renegotiated a lower rent extension, which can be transferred to the new buyer.

Currently, this location is at break-even with the lowered rent, and the seller wishes to focus on other businesses. With more attention, this location could achieve 90%+ occupancy, offering tremendous upside potential at the listed price. It presents nearly 100% ROI in year one alone if occupancy increases. The seller cannot give this store the needed attention due to other business commitments, making this an opportunity to own a high-quality asset at less than 20% of the replacement cost of a new store of this size. You’ll join one of the top franchises in the country and be part of a rapidly growing industry.

Facilities: FF&E and leasehold assets included in the sale

Financing: Seller financing available with favorable terms

Support & Training: 90-120 days of training and transition support offered

Reason for Selling: Seller is focusing on other businesses