Property Details

TITLE:
255 Bosque Farms - Salon
CONTROL:
Exclusive
VALUE:
$385,000
LOAN:
$0
EQUITY:
$385,000
TYPE:
Retail/Commercial
HAVE:
Established Salon Business for Sale – Great Income Opportunity This well-established salon has been operating at its current location for over 20 years. The owner is retiring and seeking long-term income, and is open to owner financing or an exchange for
WEBSITE URL:
ADDRESS:
255 Bosque Farm Rd,, Bosque Farms, New Mexico
BENEFITS TO NEW OWNER:
The salon has the potential to accommodate up to 8 rental chairs, each currently renting for approximately $500 per month, offering strong income potential.
GROSS SCHEDULED INCOME:
$48,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$48,000
EXPENSES:
$0
NOI:
$48,000
DEBT SERVICE:
$0
CASH FLOW:
$48,000
CAP RATE:
12.47%
BENEFITS SOUGHT:
Income
REMARKS:
1509 sqft super sweet salon. First class operator. Long established location.
COUNSELOR:
Gary Bernier
Vista Real Estate Solutions
PO Box 37376
Albuquerque, New Mexico, 87176
Phone: 505-833-1400
Cell: 505-220-9422