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Beautiful Lives. Built Here.

Building Real Assets for the Future of the Beauty Industry.

REAL ASSETS . REAL INCOME . REAL VALUE.

Accredited investors only

You work hard for your money.

Is it working that hard for you?

01

It shrinks every year.

Rising prices mean the same dollars buy less over time. Sitting still means falling behind.

02

It swings — hard.

Large ups and downs you do not control. Paper wealth can disappear in a week.

03

It's a second job.

Real estate works, but being the landlord means tenants, repairs, and late-night calls.

There's a fourth door

Own interests in professionally operated beauty real estate — recurring rent from dozens of tenants, without the day-to-day landlord work.

Beauty is Always in Demand.

In the 2008–09 recession, salons held up far better than the broader economy — and recovered faster. Our model leverages this inherent stability with the security of multi-tenant commercial real estate.

BEAUTY CAPITAL

Recession Resilience

BEAUTY CAPITAL

Recovery Velocity

MARKET OUTPERFORMANCE: 2008-2010 150.0% 100.0% 50.0% 0.0% −50.0% −100.0% All Private Sector Salon Industry 2008-09 Recession 2009-10 Recovery MARKET OUTPERFORMANCE: 2008-2010 2008-09 Recession 2009-10 Recovery 150.0% 100.0% 50.0% 0.0% −50.0% −100.0% All Private Sector Salon Industry

Recurring, needs-based demand

Cuts, color, and nails come due every few weeks — clients delay, but rarely stop.

Can't be bought online

A service has to happen in person, in a physical space. E-commerce cannot replace it.

Affordable luxury

In downturns, consumers trade big purchases for small indulgences that make them feel good.

Diversified risks among 25-30 tenants

A suite building doesn't depend on one salon surviving a recession.

The Problem

Traditional Salons Are Failing.

And that’s the opportunity.

The commission-salon model is breaking under staffing shortages, rising costs, and unsustainable rents. The professionals inside those salons are walking out — and becoming entrepreneurs who need a place to work.

0 %

of salon owners cite staffing as their #1 challenge

BEAUTY CAPITAL
0 %

rise in salon operating costs since 2019

< 0 %

average net margin for a traditional salon

Proven Operating Strategy

What is Belle Vie?

The commission-salon model is breaking under staffing shortages, rising costs, and unsustainable rents. The professionals inside those salons are walking out — and becoming entrepreneurs who need a place to work.

Strategy Comparison

Traditional Salon

BEAUTY CAPITAL

1 Major Tenant. High vacancy risk. Lower PSF yield.

Belle Vie Model

BEAUTY CAPITAL

25-30 Tenants. Diversified risk. Maximized PSF yield.

A $112 Billion Industry. Still Growing.

$ 0 B

U.S. hair, nail & skin care services (2026)

$ 0 B

U.S. medical spa services, growing $1B+ a year

~ 0 M

Hair, nail & skin care professionals (BLS, 2025)

0 K

Solo beauty salon businesses — 10 for every employer salon

Beauty is moving from big salons to private suites.

Sources: IBISWorld, Hair, Nail & Skin Care Services in the US (2026, via Boulevard); American Med Spa Association; BLS Occupational Outlook Handbook (2025 jobs: 670,800 hair, 201,800 nail, 104,200 skin care); U.S. Census Nonemployer Statistics, NAICS 812112 (2023).

BEAUTY CAPITAL

Empowering Human Capital.

The beauty industry is shifting. Top-tier professionals are
leaving commission-based salons to become independent
business owners. We provide the real estate and infrastructure they need to succeed.

BEAUTY CAPITAL

Independence

Professional autonomy and wealth creation for creators.

BEAUTY CAPITAL

Institutional Quality

High-end environments that attract premium clientele.

Opening a salon costs $69K–$283K+. A suite costs $3K–$ 10k.

Four forces are moving beauty from big salons to private suites.

01

Better use of resources

Large salons carry idle chairs, reception staff, and shared floor. In a suite building, every studio is leased to a working professional.

25–30

rent-paying operators per building

02

Product costs

Color, product, and back-bar inventory keep rising. A salon owner absorbs it; a suite professional prices it into each service.

+ 0 %

personal care prices, 12 mo. to Aug. 2026

03

Wage costs

Commission salons carry wages, payroll taxes, and training. Suite professionals are independent businesses, not employees.

+ 0 %

median stylist wage, 2019 → 2025

04

Construction costs

Open-floor salons need costly plumbing, stations, and finishes. A suite build-out is standardized and shared across 28–30 tenants.

+ 0 %

construction input prices, 12 mo. to Jul. 2026

Sources: BLS CPI, Aug. 2026 (personal care); BLS OEWS median hourly wage, hairdressers/hairstylists/cosmetologists, $12.54 (May 2019) vs. $17.21 (May 2025); AGC analysis of BLS PPI, inputs to new nonresidential construction, Jul. 2025–Jul. 2026.

UP-FRONT INVESTMENT BY FORMAT

Salon suite move-in, 1 professional
$3K–$12K
Small salon, 3–4 stations
$69K–$145K
Mid-size salon, 5–8 stations
$145K–$283K
Full-service salon, 9+ stations
$283K–$1M+
→

Traditional Salon Build-Out Costs

Space & build-out

$34K–$170K

Working capital

$15K–$60K

Equipment & furniture

$7K–$23K

Opening inventory

$5K–$15K

Software & marketing

$3K–$33K

Licenses & insurance

$1K–$9K

Total Costs

$65K–$310K

WE BUILD IT ONCE.
25–30 BEAUTY ENTREPRENEURS BUILD THEIR BUSINESSES INSIDE IT.

Sources: Booksy, “Cost to Open a Hair Salon” (2026); HairSalonPro, “How Much Is a Salon Suite?” Industry estimates, not audited data.

Accredited investors only

25–30 Tenants. Not One.

Diversification built directly into the property — from day one.

TRADITIONAL SALON LEASE

I
TENANT
  • — One failure = 100% vacancy
  • — Full revenue stops immediately
  • — Months of costly re-leasing

BEAUTY CAPITAL SUITE PROPERTY

  • ✓ 27–29 tenants keep paying
  • ✓ One vacancy ≈ 3–4% of income
  • ✓ Income continues while the suite re-leases

Accredited investors only

We Don't Just Own Real Estate.

We Create Exceptional Value. We Empower Beauty Entrepreneurs.

Many real estate investors understand buildings. Many beauty companies understand beauty professionals. Beauty Capital brings together real estate, operations, technology, and the entrepreneur ecosystem — creating a differentiated operating advantage.

Beautyprenuers OS™

An AI-powered operating platform connecting CRM, leasing, marketing automation, member support, and business intelligence.

Salon-suite development

Purpose-built studio design, density optimization, and amenities designed to attract and retain beauty entrepreneurs.

Proven Belle Vie Operations

12 years of real-world experience in leasing, member experience, retention, pricing, and day-to-day salon-suite operations.

Independent professionals

Deep understanding of what beauty entrepreneurs need to build their businesses.

0

Years in operation

0

Active Phoenix-area locations

0 %+

Hair, nail & skin care professionals (BLS, 2025)

BEAUTY CAPITAL

Dr. Kevin H. Choi

Founder & CEO

Beauty Capital + Belle Vie Salon Studios

Dr. Kevin H. Choi founded Belle Vie Salon Studios with a belief that beauty professionals deserved more than a place to work – they deserved the opportunity to build businesses of their own. Over 12 years, Belle Vie has evolved into an operating platform built around premium salon studios, independent beauty entrepreneurs, proven systems, and Beautypreneurs OS™. Beauty Capital brings that operating experience to commercial real estate – combining real assets, specialized development, proprietary technology, and a proven operating platform to pursue exceptional long-term value.

Belle Vie Proved the Model.
Beauty Capital Is Built to Scale It.

Equity to Build. Refinance to Return.

PHASE 1 · MO. 0–9

Develop

~3 months for permits, ~6 months for build-out.

PHASE 2 · MO. 9–24

Lease Up

Studios lease up toward 90% occupancy.

PHASE 3 · YEAR 2–5

Grow NOI

Quarterly distributions begin once the property is stabilized. A refinance may return capital to investors.

PHASE 4 · YEAR 5+

Hold

Long-term cash flow and appreciation.

PHASE 4 · YEAR 5+

Exit

Potential sale or refinance.

Join the Investor Waitlist

Proposed strategy for discussion. Timing of refinancing depends on property performance and credit markets and is not guaranteed.

Accredited investors only

JOIN THE INVESTOR WAITLIST

No obligation · Accredited investors only.

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