Reason for Sale: Retirement- Established Salon Suite Rental Business in Palm Beach County. Semi Absentee Ownership. Simple to Run/No Employees. Established since 2019 helping beauty care professionals by providing them a great work environment. Rent $5640/mth -3240 Sq ft location with a lease extending to 2029. Ample parking. Great books & records. Seller will provide training to teach the administrative side of the business. 2023 Sales $143k with an owner benefit $34k. Ample parking
- Asking Price:
- $535,000 Furniture / Fixtures included
- Sales Revenue:
- $143,000
- Cash Flow:
- $34,558
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Commercial Office facility- Rent $5694/mth Lease expires 1/31/2029 -Sq ft 3240 -Options One- 5yr
- Leasehold Rent:
-
$5,694 per annum
- Location:
-
Established Salon Suite Rental Business in Palm Beach County. Ample parking
Business Operation
- Expansion Potential:
-
Get more renters to get to 100% capacity
- Competition / Market:
-
3 or 4 Salon Suites in Palm Beach county
- Reasons for selling:
-
Retirement
- Employees:
- 0
- Years established:
- 5
Other Information
- Support & training:
-
1 week no cost
- Furniture / Fixtures value:
- $130,000 - included in the asking price
