Salon Suites for Sale Hagerstown MD

Salon Suites for Sale Hagerstown MD

Square Footage

6,509

Price of rent

including CAM charges

$18/SF, $3.99/SF NNN

Area

Hagerstown, Maryland

ASKING PRICE

925,000

Lease terms

Lease Transfer

Unique opportunity, opened in late 2024- Salon Suites for Sale Hagerstown MD! The facility is less than a year old, in a highly desirable shopping center with excellent parking, easy access from area highways, and already almost halfway full! The demand for salon suites in this area has exploded, median home prices are on the rise and the suites are in the perfect shopping plaza for exponential growth!

This business model is a semi-absentee opportunity, allowing the new owner to tend to multiple business ventures. Current owner needs to tend to family issues, he leaves behind a turnkey, new salon suite location in Washington County, Maryland.

Salon Suites for Sale in Washington County, Maryland

The facility is currently at 42% occupancy with huge upside profitability and monthly cash flow. This rare opportunity means there is very little to no investment will be required after closing- you are already set up for success!

This is a chance to get into a highly reputable franchise and a fast-growing industry at a very reasonable price, at approximately 60% of the value to build a new store at current construction costs. Break-even occupancy is ~55% with all cash flow upside after that. Buyer can achieve high monthly cash flow. Seller is willing to provide local operational assistance for up to six months.

Interested? Inquire today to speak with the owner!