Excellent Investment Opportunity

Lenoir, NC (Caldwell County)

Excellent Investment Opportunity

Asking Price:$229,000

Cash Flow:$52,000

Gross Revenue:$79,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1997

Excellent Investment Opportunity

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Business Description

Excellent Investment Opportunity for an Investor, especially for someone that is a stylist themselves and want to own their own business with rental income already established.

This beauty salon features 13 booths, and also receives rental income from a massage therapist. The current owners (2), will stay on and rent 2 of the booths, which totals rental income from 9 booths for a new owner + rental income from a massage therapist + 4 additional booths available for rent. The owner has owned and operated this business for 18 years and is ready to lighten his load of responsibilities. Annual Rental Income: $56,760. See full listing package for a full list of income and expenses.

Of course, if you are a stylist yourself, this is a great opportunity to reap the benefits of income from your own clientele and in addition receive rental income. Located in the beautiful foothills of NC!

Priced below tax value! Seller will consider financing with 30% down to a qualified buyer!!

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A

Listing Statistics for Premium Members

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County South Business Brokers, Winkie & Associates Realty, Inc

Business Listed By:
County South Business Brokers, Winkie & Associates Realty, Inc

County South Business Brokers, Winkie & Associates Realty Inc.

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