Seller's Contact Information
- RE: Salon Suite Rentals For Sale In Palm Beach County
- Contact: Marcelo Jo
Quick Facts
Asking Price: | $535,000 | |
Annual Revenue: | $213,356 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $128,391 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 3 | |
Employees: | Not Disclosed | |
BBN Listing #: | 9623630 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Well known shared workspace business is being offered for sale. Business leases 3,200 Square Feet of retail space which is divided into 18 fully built out and furnished business suites. Sublessees sign 1–2-year leases and operate their own enterprise with freedom to customize their suite to their taste. This shared contemporary workspace concept offers entrepreneurs the chance to “be their own boss” without the initial buildout investment and typical overhead i.e. utilities, water, wi-fi, alarm which are included in their rent. Renters have a very elegant high end set up with an excellent working environment. Washer and dryer on premises.
Owner works a few hours per week to operate this almost passive investment business. No employees, inventory, or Accounts Receivables. A proven operational model which Buyer could leverage to build additional centers or franchise the concept. Financials are pro-forma as if fully rented. Please refer to listing number 0101989468 and business broker Marcelo Jo - when inquiring. Thank you!
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Lease/Month: $5,474;Square Footage: 3,200;Building Type: Commercial; Terms & Options: 5y 1 x 5y option;Expiration Date: 11/1/2023.
Market Competition and Expansion:
Non Compete: Miles: 10 Years: 2
Reason for Selling:
Other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from