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Updated about 4 years ago on . Most recent reply
Hair Stylist Leases for Commercial Hair Salon
Looking to purchase an existing hair salon and the associated real estate. Two office condos in an office park. There are 10 booths and currently 8 stylists. The leases were set to expire mid 2021, but now two of the stylists are leaving the salon due to the sale. Are stylist leases similar to tenant leases (residents, businesses) or are they less aggressive in regards to breaking the lease?
Any experience with hair stylist leases would be appreciated!
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#2 Land & New Construction Contributor
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Originally posted by @John Blanton:
Looking to purchase an existing hair salon and the associated real estate. Two office condos in an office park. There are 10 booths and currently 8 stylists. The leases were set to expire mid 2021, but now two of the stylists are leaving the salon due to the sale. Are stylist leases similar to tenant leases (residents, businesses) or are they less aggressive in regards to breaking the lease?
Any experience with hair stylist leases would be appreciated!
Depends on the lease. You need to get copies and audit them.