Rental Suites for Beauty Professionals in the Collin County area. To give Beauty Professionals the Opportunity to own their own Salon Business. This concept allows Beauty Professionals to embrace owning their own Salon Business without the financial risk and give them the opportunity to substantially increase their current income. Mosaic Salon Suites will provide fully equipped turnkey Studio Salon Space. All the tools and support they need to start, setup & manage their Salon Business; Online Appointment Book, Credit Card Processor, Personal Website, inventory reporting, text message reminder and in house support from Mosaic Tenant Liaison. I am in negotiation for leasing building and need more capital for approval. I have $100,000 from my personal savings. Building is in Mckinney with potential 337,000 cusotmers with household income at $137,000 per year within 5 miles. Great location. Multi Unit building with retail and residential leasing. Salon suite will be pre-leased with minium 80% occupancy before opening. Yearly rental income will be an estimate of $539,448 with monthly income of $44,954. Annual profit is $354,941.16 with monthly profit of $29,578.43. Team will consist of owner Tonia Hatfield, advisor Allure Salon Group, Consulting, interior designer Table 33, Salon Suite Solutions for mobile software, and Tenant Liaison. This is a start-up business and first brick-mortar. Goal is to have 10 buildings within 5 years.
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