Excellent opportunity to acquire a well-established, high-volume nail salon located in a busy shopping center on Smithtown Blvd in Nesconset, Long Island.
This profitable business generates approximately $900,000+ in annual gross revenue, supported by strong repeat clientele and consistent walk-in traffic. The salon is fully built out with 10 manicure stations and 8 pedicure chairs, offering a comfortable and modern environment for both customers and staff.
The space is approximately 1,500 SF, featuring high-end renovations with no additional capital improvements required. The business is fully operational with an experienced and stable staff in place (approximately 8 employees in winter and up to 12 during peak summer season), allowing for a smooth transition to a new owner.
Monthly expenses include:
Base Rent: $3,998
CAM: $900
Real Estate Taxes: $430
Total monthly occupancy cost: approximately $5,328
Lease term has approximately 5.5 years remaining (additional options to be verified), providing long-term stability.
Located in an affluent neighborhood with strong demographics, the salon benefits from high tipping clientele and steady revenue year-round.
Ideal for both owner-operators and investors. Seller is motivated and willing to cooperate for a smooth transaction.
248 Smithtown Boulevard, #7A, Nesconset, NY, 11767
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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