Multi-Location Operator of Salon Suites With Two Locations - For Sale

We represent a company that leases to individual tenants private, fully equipped salon suites. The Company’s customers include hairstylists, makeup artists, and other beauty experts. Customers enjoy autonomy without the overhead of owning a traditional salon. Suites are designed to give beauty professionals a personal, high-end space where they can provide services directly to their clients while managing their own schedules and pricing. The Company has two locations in heavily populated areas of San Diego County offering client privacy, temperature-controlled suites, free Wi-Fi, high-end fixtures, 24/7 security & access, time-locked front doors, and security cameras in common areas. Rent is collected weekly, helping to ensure timely payments and leading to strong cash flow and operational stability for the Company. Key highlights include:

• Revenue of $798k for the trailing 12 months ending November 30, 2024.
• Proforma annual revenue of $1.1 million based on current occupancy levels.
• Key locations in highly populated areas of San Diego County.
• High occupancy numbers in one location with rising occupancy in the other.
• Weekly rental payments from clients for steady cash flow.

Management believes the timing is right for new ownership, with greater financial resources and marketing expertise, to take advantage of the business opportunity.