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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.

A $200+ 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 (2026), American Med Spa Association, BLS Occupational Outlook Handbook (2025), and U.S. Census Nonemployer Statistics (2023, NAICS 812112).

Beauty is Always in Demand.

Salons proved more resilient during the 2008–09 recession, recovering faster than the broader economy. Our model combines this stability with multi-tenant commercial real estate security.

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 are recurring needs — clients may delay, but rarely stop.

Can't be bought online

Services require in-person visits — e-commerce cannot replace them.

Affordable luxury

During downturns, consumers favor small, affordable indulgences over big purchases.

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.

Traditional salons face rising costs and staffing shortages, pushing professionals to become independent entrepreneurs who need workspace.

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

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

Every studio is leased to an independent professional, maximizing occupancy.

25–30

rent-paying operators per building

02

Product costs

Suite professionals control product costs and build them into service pricing.

+ 0 %

personal care prices, 12 mo. to Aug. 2026

03

Wage costs

Suite professionals operate independently, eliminating salon payroll and employee costs.

+ 0 %

median stylist wage, 2019 → 2025

04

Construction costs

Standardized build-outs reduce costs across 28–30 tenants.

+ 0 %

construction input prices, 12 mo. to Jul. 2026

Sources: BLS CPI (Aug. 2026), BLS OEWS wages (2019–2025), and AGC analysis of BLS construction PPI (2025–2026).

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

Proven Operating Strategy

What is Belle Vie?

Rising costs and staffing shortages are driving salon professionals to become independent entrepreneurs in need of workspace.

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.

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

BEAUTY CAPITAL

Empowering Human Capital.

Top beauty professionals are leaving traditional salons to become independent owners. We provide the space 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.

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

Salon Suites Built By Beauty Capital

  • ✓ 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.

Beauty Capital combines real estate, operations, technology, and entrepreneur support to create a unique competitive advantage.

Beautyprenuers OS™

AI-powered platform integrating CRM, leasing, marketing, support, and analytics.

Salon-suite development

Studios and amenities designed to attract and retain beauty entrepreneurs.

Proven Belle Vie Operations

12 years of expertise in leasing, retention, pricing, and 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 after stabilization; potential capital return through refinancing.

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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