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Fantastic opportunity to purchase a turnkey, operating beauty salon with the real estate building and property which is included in the sale. Great potential for rental income and owner operated business. Seven individual hair stylist stations with chairs and three private rooms that currently house a nail/pedicure room, a private waxing/facial room, and a room with Himalayan Salt bed. These can be used for many different types of services. There are two wash bowls and five hair dryer stations, waiting area, reception area, kitchen area with washer/dryer, décor, fixtures, equipment, and goodwill. This is a great place waiting for a new owner that wants to operate their own salon and get rental income. The owner has slowed down and wants to retire with over 25 years of goodwill as a trusted full-service salon at this location. The building has 1717 sq feet with 14 parking spaces which was remolded in 2022, Re-Roof in 2017 and New HVAC in 2021. There is lots of potential to add more services, rent out more booths, retail sales, and hire others that can provide add on services in the private rooms , like an esthetician, nail techs, massage therapist as well as implementing marketing efforts through social media advertising, influencer partnerships, and local promotions can further increase brand visibility and attract new customers. This is an ideal acquisition for a licensed stylist ready to step into ownership, or an operator seeking a turnkey salon with expansion potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $199,999 | $199,999 | $199,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.541% |
| Monthly Tax Payment | $232 | $232 | $232 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,136 | $1,215 | $1,608 |
| Total Monthly Payment | $1,443 | $1,522 | $1,915 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.