Well Established High End Salon & Spa Suites For Sale in NW Houston
Asking Price
$2,250,000
Annual Cash Flow*
$269,151
Annual Revenue
$412,264
Sunbelt Listing ID
N1478-GM
Real Estate
This salon and spa facility with approximately 11,700 square feet offers a great location as well as top of the line facilities for those seeking their own salon/spa space without the problems associated with opening a new location. This business is being operated by an absentee owner. Located on a well-known street, but surrounded with upscale neighborhoods, this beautiful 2 story brick building situated on an acre offers great access. Managed by a full time employee, the building is currently 65% occupied and offers the potential for more revenues with the additional suites that are available for lease. The building was built in 2004 and offers inside security cameras as well as waiting room areas and an elevator. The suite rentals range from $170.00 to $575.00 per week. Please contact George Moncada at 281.440.5153 for additional information.
This salon and spa facility with approximately 11,700 square feet offers a great location as well as top of the line facilities for those seeking their own salon/spa space without the problems associated with opening a new location. This business is being operated by an absentee owner. Located on a well-known street, but surrounded with upscale neighborhoods, this beautiful 2 story brick building situated on an acre offers great access. Managed by a full time employee, the building is currently 65% occupied and offers the potential for more revenues with the additional suites that are available for lease. The building was built in 2004 and offers inside security cameras as well as waiting room areas and an elevator. The suite rentals range from $170.00 to $575.00 per week. Please contact George Moncada at 281.440.5153 for additional information.
Pictures are stock images and are not indicative of the actual business.
Listing Details
State
City
Texas
Houston
Company Description
This salon and spa facility with approximately 11,700 square feet offers a great location as well as top of the line facilities for those seeking their own salon/spa space without the problems associated with opening a new location. This business is being operated by an absentee owner. Located on a well-known street, but surrounded with upscale neighborhoods, this beautiful 2 story brick building situated on an acre offers great access. Managed by a full time employee, the building is currently 65% occupied and offers the potential for more revenues with the additional suites that are available for lease. The building was built in 2004 and offers inside security cameras as well as waiting room areas and an elevator. The suite rentals range from $170.00 to $575.00 per week. Please contact George Moncada at 281.440.5153 for additional information.
Listing Agent
George Moncada
281.440.5153
Industry
*Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.
SOLD
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