Listing Number: BBF-264-00419
Contract Pending

Category: Miscellaneous / Other
SIC: 9999
Detail: To Be Classified
Location: Miami-Dade County, Florida, USA
Asking Price: $218,918
Down Payment: $149,918
Annual Sales: $208,620
Discretionary Earnings: $103,020

Business Overview

Project Elegance is a turnkey executive beauty suite business offering passive income with minimal owner involvement. The business is fully occupied with licensed beauty professionals leasing suites, and a waitlist in place, providing an immediate, predictable cash flow of approximately $8,000 net per month.

Operations are automated with tech-enabled rent collection and leasing systems, ensuring hands-off management for the owner. Tenants move to month-to-month agreements after the first year, allowing flexibility for rent escalations and future growth.

Key Highlights:

• Hands-Off Operations: Owner spends only ~5 hours weekly

• Automated Systems: Rent collection and payments fully managed via proprietary software

• 100% Occupancy: Fully leased with a waitlist for new tenants

• Recurring Cash Flow: Predictable monthly revenue from suite rentals

• No Employees Needed: Streamlined model requires no full-time staff

• Scalable: Opportunity to replicate model in new locations

This business is ideal for investors seeking a low-maintenance, high-margin rental income opportunity in the Miami beauty and wellness market.

Note: Recently established; seller is motivated due to other projects requiring capital. Not SBA qualified.

Assets Included

• FF&E: $35,000

• Leasehold Improvements: $95,000

• Total Assets: $130,000

(All included in the sale)

Business Details

• Relocatable: No

• Home Based: No

• Franchise: No

• Lender Pre-Qualified: No

• May Qualify for Visa: No

Confidential Sale Requirements: Qualified buyers only. Proof of funds required.