Strip Mall rentals for a Salon - strategies & insight questions

[Adam Dobbins]

An old friend of mine bought out my entire state territory for a Salon franchise and wants me to go into business with him.  It certainly looks like something that would do great in my area, but this is completely new and uncharted territory for me.  There is nothing similar to it anywhere around.

I do buy and hold rentals and know just about zero, to be honest about this.

Does anyone on BP have experience with Strip Mall franchise properties or expertise in running something similar to a Salon?

I'd appreciate any information. & Yes if you see my picture and the word "Salon", you may have gotten a chuckle.

Thanks for any time, support, and consideration!  :-)