Full Service Salon with 6 Salon Suites for rent as well!
Asking Price: | $170,000 |
Gross Revenue: | $278,000 |
FF&E: | $25,000 |
Cash Flow: | $102,446 |
Inventory: | $5,000 |
Established Year: | 2023 |
Unique opportunity to sub-lease multiple suites in a 2500 square foot facility which is located in The Villages, FL! Plus a full service salon staffed with tenured stylists. Of the Seven Suites, 1 space is leased, at $800 a week for 900 square feet, 5 suites/with windows, 106 square feet each are listed for lease at $385-$410 a week and 1 suite without a window has a lease set at $360 a week. Annual revenue, when all suites are leased, is $161,720 with projected expenses, including: rent, utilities, water, internet, etc. is approximated at $99,300, which brings profitability to $62,420 and that's great for passive-absentee/absentee business. Location can be open 24/7, as the doors automatically lock and there is a push-button entry on the back door. Co-op spaces are the trend of the future! Call today to take advantage of this unique and profitable investment opportunity! Please refer to listing #2301-563240, Agent Emily Herbert when inquiring about this listing. Thank you!