Six income-producing properties:
The ownership company, one of the top players in the professional salon suites industry, pioneered the concept of individually-owned business suites in the beauty industry in 2002, concentrating on B market properties, attracting a steady and consistent clientele, who find it more affordable than suites competition that has emerged in the more expensive locations. Focusing on the periphery of the prime neighborhoods proves a long term winner, as real estate values outpace affordability in prime shopping neighborhoods.

The larger opportunity is to acquire the salon business in Six locations, including the real estate in Four of these. The owner has a detailed list of four additional options (buy fewer properties), the least of which is:
• purchase All of the Murfreesboro salon business, in Three locations, One of which is available with the real estate, for $1,700,000.

Six properties with income-producing businesses: leasing to salon professionals one-room, furnished suite to serve their own clientele- weekly rent (received by ACH). Four of these properties include the real estate. Owner wants to keep the real estate in two of the Murfreesboro buildings, lease back to buyer of the overall salon business. Prospective tenants carefully screened. Average vacancy rate is just 14.37% and falling. All properties below have salon business tenants. This opportunity is for the purchase of all listed (business and) real estate assets, (some of which have additional spaces leased by tenants in non-suites related industries): Cookeville (1 building) Crossville (2 buildings) Murfreesboro (3 separate properties, 1 has real estate) Antioch (1 building)

Details on combinations for purchase of fewer of the properties (for a smaller investment) are available.

Posted Oct 1, 2015

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.