Price: $65,000
Location: McDonough, GA
Industry: Hair Salons and Barber Shops
Listing ID: 0701
Listing Status: New
The business provides rental space for independent stylists, hair stylists, braiders, barbers, and lash technicians to operate their own businesses. It offers a total of 14 suites designed to function as mini salons.
More than just a salon suite provider, the business serves as a launchpad for beauty professionals to build and grow their own ventures. Strategically located in McDonough, Georgia, it occupies a unique position in an area with no other salon suite providers, creating a prime opportunity for beauty entrepreneurs to thrive.
Recognized as an industry disruptor, the salon suite concept is uniquely positioned to support professionals in their transition to business ownership. The suites are crafted not merely as rental spaces, but as environments where entrepreneurial visions can take shape. With a polished, professional setting, the space fosters creativity, independence, and long-term success.
Owning this salon suite business offers a significant advantage for individuals seeking a hands-off investment. Because the suites are rented to independent beauty professionals who run their own businesses, the owner is not responsible for managing daily salon operations or providing salon services. There is no need for prior experience in the beauty industry, as the primary responsibility is maintaining occupancy through marketing and basic facility management. With low overhead and minimal involvement required, this model allows for passive income generation without the need for industry-specific expertise or full-time oversight.
Down Payment: N/A
Total Sales: N/A
Cash Flow: $30,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: N/A
Year Established: 2023
Days & Hours of Operation: The general operating hours vary as each professional sets their own schedule.
Owner Hours Per Week: 10-15 hours per week
Non-Owner Payroll: N/A
Employees: Currently, 7 of 14 suites are rented out.
Lease Option: The premises are leased. The current lease is set to be renewed for five years.
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Type of Location: The 2,400-square-foot space was created through the build-out and merger of two commercial units and now features 14 individual salon suites, each designed to function as a mini salon.
Square Footage: 2,400-square-feet
Franchise: No
Facilities Information: The salon occupies a high-visibility location with easy access to major roads and significant traffic. The surrounding area is growing, with new residential developments such as apartment buildings, townhomes, and single-family neighborhoods planned nearby. This positions the business in a developing and active area, enhancing its potential for future growth.
Reason For Sale: New ventures.
Training & Support: The owner is willing to offer training up to 60 days to the new owners.
Historical Summary: The business was established in November 2022. The building underwent a merger and build-out of two spaces to create a larger suite, which included 14 suites for various salon services. The official opening of the salon occurred in May 2023.
Owner Qualifications: The business does not require the owner to have experience in the salon or beauty industry, making it a low-touch investment ideal for entrepreneurs seeking passive income.
Competition: There are other salon suite businesses located within a few miles of the property, with most situated around 2 to 3 miles away in nearby areas. These competitors offer similar services, ranging from standard suites to more upscale environments. However, none are positioned directly along the main corridor where the business operates, giving it a key unique advantage in an otherwise underserved location.
Potential Growth: To grow the business, a new owner should focus on effective marketing with Facebook delivering the strongest results. Recruiting more stylists, especially those with existing clientele, is recommended. Cost management strategies include installing a remote-controlled thermostat to lower electricity bills. Increasing suite rent could also boost profitability. Overall, the business can be run with minimal owner involvement, primarily by focusing on keeping the suites occupied through consistent marketing efforts.
Financing/Terms: Owner is willing to do seller-financing.