Upscale Salon Studio Business

Excellent opportunity to acquire a well-appointed and brand name Studio Suite rental business. This is a non-franchise operation but the seller owns multiple locations with the same brand name and decor, and will transfer the name to a new owner for this location. Located in the far East Valley, in a good location at a shopping center with a major grocery retailer. This location has over 20 suites which can be leased for over $200 per week, there are currently 7 suites rented. This business needs an experienced entrepreneur who knows how to market to stylists. This type of business appeals to tenants that have reached the point in their career where they have a large enough client list to rent their own space instead of renting a chair at someone else's salon. This East Valley area is experiencing rapid growth with several new housing developments popping up nearby. The seller has negotiated a short term reduced rent to allow time for a new owner to fill more suites. Long term lease with the landlord is through 2028 and has options beyond that. Note: This listing does not include the Real Estate. CASH BUYERS ONLY PLEASE. All inquiring parties must complete a Non-Disclosure Agreement before receiving any more information. Location: Maricopa County, Arizona Real Estate: Leased Building Sq. Ft.: 4,200 Rent: $4,500.00 Per Month Lease Expiration: 8/1/2028