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19492514
19492515

8522 5th Ave, Brooklyn, NY 11209

AB
NY 10491212878
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH
$150,000
678 days on market
Updated 40 days ago

Uni K Wax Center Business Only For Sale

Details
Property Type Retail
Sub Type Wax Center
Square Footage 1,200
Net Rentable (SqFt) 1,200
Cap Rate 83.04%
NOI $124,554
Tenancy Single
Brand/Tenant Uni K Wax Center
Price per SqFt $125
Class A
Year Renovated 2022
Buildings 1
Stories 1
Investment Type Owner/User
Ownership 100% Of Business Only
Sale Condition For sale by owner

Uni K Wax Center Business Only For Sale. With Great NOI

Marketing description

Uni K Wax Center at 8522 Fifth Ave, Brooklyn, NY 11209 is a lucrative business opportunity currently on the market for only $150,000. This established beauty franchise comes with a 15-year lease providing stable revenue potential. The lease includes favorable terms such as gradual rent escalations and tenant responsibility for utilities and snow removal. Included in the sale are all existing equipment, enabling a seamless transition for new ownership. The business has shown consistent revenue, with a gross income of $271,713.29 in 2022 and $228,394 in 2023. With expenses well-managed, the net operating income remains strong, offering a promising return on investment. This business is ideal for entrepreneurs looking to enter the beauty industry with a reputable brand and a solid financial foundation. Don't miss out on this opportunity to own a thriving business in a prime location in Brooklyn.

Listing Contacts

AB
NY 10491212878
Coldwell Banker Commercial AMH
Listed by Coldwell Banker Commercial AMH

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$124,554.00
$10,379.50/mo

Valuation Metrics

0
DSCR
83.04%
Cap Rate
83.04%
ROI

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Additional Information

Name
Anthony Briguglio
License
10491212878
Brokerage
Coldwell Banker Commercial AMH
Brokerage Phone
6318649619
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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