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29682816
29682845

5758 Main St, Sylvania, OH 43560

SVN Ascension Commercial Realty
Listed by SVN Ascension Commercial Realty
$99,000
113 days on market
Updated 54 days ago

Shear Madness Salon

Details
APN 8211481
Property Type Business for Sale
Sub Type Business Only
Square Footage 10,438
Net Rentable (SqFt) 1,050
Units 1
Cap Rate 25.00%
Tenancy Multi
Price per SqFt $9
Class B
Buildings 1
Stories 1
Acreage 0.670
Zoning B-3
Parking Spaces spaces
Investment Type Stabilized

Well established, turnkey salon for sale in Sylvania's Downtown business district

Marketing description

Well established, turnkey salon for sale in Sylvania's Downtown business district. Sale includes business, FF&E, and assumption of current lease. Business established in 2008 and operates under a booth rental business model, currently with three stylists leasing chairs. Salon is equipped with 2 wash stations, 4 styling stations, 4 nail stations, and 3 pedicure chairs. Ideal opportunity for an owner/operator, with excellent upside.

Investment highlights

  • Current lease: $796/month (water included); term through 10/31/2028 (5% annual increases); one 3-year renewal (5% annual increases)

  • Efficient floorplan provides customer service station, waiting area, salon service area, restroom, and laundry/break room

  • Within walking distance to several restaurants, businesses, galleries, boutiques, and within the Sylvania DORA (Designated Outdoor Refreshment Area)

  • Employee and customer parking in common

  • Building and monument signage opportunities

Listing Contacts

SVN Ascension Commercial Realty
Listed by SVN Ascension Commercial Realty

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