A unique opportunity to sub-lease multiple suites in a 2500-square-foot facility 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., approximated at $99,300, which brings profitability to $62,420, and that's great for passive-absentee business. The 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 agent Emily Herbert when inquiring about this listing. Thank you!
- Asking Price:
- $319,000
- Sales Revenue:
- $354,890
- Cash Flow:
- $102,446
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Square Units (Foot, Meter): 2,550
Lease Expiration Date: April 30, 2028
- Leasehold Rent:
-
$5,700 per annum
- Location:
-
Type of Location: Strip Center
- Premises Details:
-
Multiple suites in a 2500 square foot facility which is located in The Villages, FL!
- Size in square feet:
- 2,550
Business Operation
- Reasons for selling:
-
Retirement/Health
- Trading hours:
-
Business Hours of Operation: 9-5 M-F
- Employees:
- 2
- Years established:
- 1
Other Information
- Support & training:
-
Will train for 2 weeks @ no cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Amount: $100,000.00
Owner Financing Interest: 7%
Owner Financing Terms Months: 72
Owner Financing Monthly Payment: $1,704.90
- Furniture / Fixtures value:
- $1,000
