Investment Property Income Producing
| Asking Price: | $361,300 | Inventory: | |
| Gross Revenue: | $43,820 | Real Estate: | $306,300 ++ |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
INVESTORS----Spacious 2500 sq. ft. semi detached commercial B-3-2 zoned building with barber shop business (same owner and who is semi absentee) ;
in addition there is an insurance agency as a tenant in the rear ; barber shop business and the insurance agency + machine concessions produce an annual income of $43,820K (+ -) ! ! owner's monthly expenses are $1200 (+ -) ; owner collects rents from barbers once per week and insurance agency pays rent monthly ; masonary construction ; main route with visibility ; developing area ; high traffic flow ; busline ; rear 1200 sq. ft. parking lot and front street parking ; building interior renovated in 2003 ; more barbers could be added.
in addition there is an insurance agency as a tenant in the rear ; barber shop business and the insurance agency + machine concessions produce an annual income of $43,820K (+ -) ! ! owner's monthly expenses are $1200 (+ -) ; owner collects rents from barbers once per week and insurance agency pays rent monthly ; masonary construction ; main route with visibility ; developing area ; high traffic flow ; busline ; rear 1200 sq. ft. parking lot and front street parking ; building interior renovated in 2003 ; more barbers could be added.
About the Business
Year Established:2003
Employees:0 full time - 0 part time
Facilities:situated on a 3715 sq. ft. lot, .09 of an acre ; renovated 2500 sq. ft. interior building in 2003 ; fully equipped barber shop with 8 chairs
About the Sale
Reason For Selling:other investment opportunity
KEYWORDS: investment,investment property,barber shop,hair,salon,hair salon,income producing property
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