123 NE Null Avenue NE, # 7, Palm Bay, FL | $90,500

Established Hair Salon & Barber Shop - Palm Bay, Florida This turnkey hair salon and barber shop represents a compelling acquisition opportunity in the personal care services sector. The business has maintained continuous operations for over fifteen years, establishing a solid foundation of recurring clientele and demonstrated market presence within the Palm Bay community. Business Overview: The establishment operates as a full-service hair salon and barber shop, serving a diverse customer base through comprehensive personal grooming services. The business model focuses on traditional barbering services combined with contemporary hair styling, positioning the operation to capture multiple market segments within the local service area. Established Hair Salon & Barber Shop - Palm Bay, Florida This turnkey hair salon and barber shop represents a compelling acquisition opportunity in the personal care services sector. The business has maintained continuous operations for over fifteen years, establishing a solid foundation of recurring clientele and demonstrated market presence within the Palm Bay community. Business Overview: The establishment operates as a full-service hair salon and barber shop, serving a diverse customer base through comprehensive personal grooming services. The business model focuses on traditional barbering services combined with contemporary hair styling, positioning the operation to capture multiple market segments within the local service area. Operational Strengths: • Fifteen-year operational history demonstrating market stability • Established customer base providing recurring revenue streams • Turnkey operation requiring minimal transition period • Fully equipped facility ready for immediate operation • Strong local market reputation and brand recognition Growth Potential: The business presents expansion opportunities for strategic development. Current operations maintain capacity for increased service volume and potential service line extensions. The established customer relationships provide a foundation for revenue enhancement through additional service offerings or extended operating hours. Target Buyer Profile: This opportunity suits multiple buyer categories including owner-operators seeking established cash flow, newly licensed professionals requiring an operational platform, investors targeting service sector businesses, or experienced industry professionals pursuing business ownership. Location Benefits: Situated in Palm Bay, the business benefits from an established local presence with demonstrated customer loyalty patterns. The location supports the service-based business model with accessibility for the target demographic. The business offers immediate income generation potential with established operational systems, making it suitable for buyers seeking a proven business model with growth capabilities. Business Highlights: Seller will transfer Database with over 2500 clients. • 4 fully equipped barber/styling stations • 2 private service rooms ideal for esthetics, facials, lashes, massage, or specialty services • Additional break room that can easily convert into a 3rd private room with running water • Efficient layout designed for multiple professionals working simultaneously • Established clientele and repeat customers • Turnkey setup - continue operations from day one • Strong potential to increase revenue by renting additional rooms or adding Ad#: 2479534 BIZ BUY SELL

Features

  • Property Type: Business
  • Construction: Concrete, Stucco
  • Levels: 1
  • Heating: Central
  • Cooling: Central Air
  • Year Built: 2008
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Telephone, Water, Interior Electric, Maintenance
  • MLS#: B26010786
  • Website: https://www.raveis.com
    /prop/B26010786/123nenullavenuene_palmbay_fl?source=qrflyer
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Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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John KirkutisVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1424716

970.390.2521

John.Kirkutis@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Heidi SummaInsurance Sales Director, William Raveis Insurance

860.919.8074

Heidi.Summa@raveis.com

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123 NE Null Avenue NE, # 7, Palm Bay, FL

$90,500

Kelly Conway

Sales Associate

William Raveis Real Estate

Phone: 860.836.0402

Kelly.Conway@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

John Kirkutis

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 970.390.2521

John.Kirkutis@raveis.com

NMLS Mortgage Loan Originator ID 1424716

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $72,400 $72,400 $72,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.304% 5.648%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $428 $440 $587
Total Monthly Payment $503 $515 $662

* 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.