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SellerForce® presents a well-established, family-owned salon suite rental business that has been operating successfully for over four years. With two prime locations in busy shopping centers in Hammonton and Medford, New Jersey, the business provides fully equipped suites for professionals in the health, beauty, and wellness industries. It offers independent beauty and wellness professionals, such as hairdressers, aestheticians, massage therapists, and tattoo artists, the opportunity to run their businesses in a high-end, supportive environment without the overhead costs of a traditional salon.
One of the standout features of this business is its non-franchise model, which eliminates franchise fees and fosters a welcoming, family-like atmosphere that renters appreciate. The business is nearly self-sufficient, requiring minimal daily involvement from ownership while maintaining high occupancy rates. Currently, 27 out of 34 suites are rented, generating consistent rental income. Most tenants sign one-year leases, though some opt for longer agreements, ensuring stability for the business.
The facilities are designed with convenience and flexibility in mind, offering secured 24-hour keyless entry so renters can operate their businesses on their own schedules. The Hammonton location spans approximately 3,900 square feet, while the Medford location covers 4,900 square feet. Both locations are in excellent condition, with high-end finishes such as chandeliers and ceramic tile floors that create a professional and luxurious setting. Weekly rental rates range between $275 and $425 per suite, providing a steady revenue stream.
This business presents a strong opportunity for growth. The Medford location still has six available suites, leaving room for expansion. Increased marketing efforts, particularly through social media, could further boost occupancy rates. A new owner could also explore additional revenue streams, such as offering business coaching or marketing support to renters.
This is a turnkey investment opportunity ideal for an entrepreneur or investor looking for a semi-passive business with a proven track record of success. With no employees to manage and minimal operational responsibilities beyond maintenance and social media outreach, the business is designed to run smoothly. The current owners are selling due to relocation and other business commitments but are willing to assist with a transition to ensure a seamless handover.
For those looking to own a thriving, low-maintenance business in the booming salon suite rental industry, this opportunity is not to be missed.
Reach out to SellerForce® today for additional information.
Listing ID: SF461
