Walnut Creek, CA 94596
    • $175,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: EB40848262
    Price Reduced
    UPDATED: 62 min ago
    $175,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 101,000
      SQFT
    • $2
      $/SQFT
    Type:
    Business Opportunity
    Built:
    1995
    County:

    School Ratings & Info

    Description

    Rare opportunity to own a business in the beauty industry. Entrepreneurs or business owners have the option to continue with the current franchise or implement their own business model in a turn-key space with Stylists and Management Team in place. Excellent time to enter this established business. Year two saw annual revenue of $250,000. Being established and knowing what works can result in a substantial increase in net operating income. For this franchise, year 3 typically sees a huge boost in client traffic. Due to strong demographics in the area and great reputation of the business with nearly 100 Yelp reviews, the new owner will no start up time. The sellers invested approximately $225,000 in tenant improvements, furniture, fixtures and equipment. The space is impeccable and fully compliant. In addition to the 8 years remaining on the lease, there are (2) options to extend of 5 years each. The rental expense is approximately $5,500 per month.

    Monthly Payment Calculator



    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-01-22T08:48:08.847. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams.

    Licensed in the State of California.
    www.juliedavissellshomes.com/homes/90092931

    Walnut Creek, CA 94596

    • Price: $175,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: EB40848262
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    101,000
    SQFT
    $2
    $/SQFT
    1995
    Built
    County:
    Contra Costa
    Property Description
    Rare opportunity to own a business in the beauty industry. Entrepreneurs or business owners have the option to continue with the current franchise or implement their own business model in a turn-key space with Stylists and Management Team in place. Excellent time to enter this established business. Year two saw annual revenue of $250,000. Being established and knowing what works can result in a substantial increase in net operating income. For this franchise, year 3 typically sees a huge boost in client traffic. Due to strong demographics in the area and great reputation of the business with nearly 100 Yelp reviews, the new owner will no start up time. The sellers invested approximately $225,000 in tenant improvements, furniture, fixtures and equipment. The space is impeccable and fully compliant. In addition to the 8 years remaining on the lease, there are (2) options to extend of 5 years each. The rental expense is approximately $5,500 per month.
    Exterior Features

    Exterior Stucco Garage Parking Common Parking Area Location CornerShopping CenterStrip Center Parking Spaces 494 Roof Rolled CompositionTile

    Interior Features

    Cooling Multi-Zone Flooring ConcreteOther Heating Forced Air

    Property Features

    Accessibility Features Wheelchair Access Additional Listing Info Price ChangeNot Applicable Amenities Display Window Business Name Confidential City Name Walnut Creek Communications Telephone System Cross Street Ygnacio Valley R Facilities Outside SignRestroom(S) Security Features Fire System - SprinklerSecurity Alarm Utilities Electricity - On SiteGas - On SiteElectricity - 60 Amps Or LessCommunication Wiring Water Hot WaterPublic Zoning Nsc

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of Kelly Klingler of Wells & Bennett Realtors.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-01-22T08:48:08.847. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams.

    Licensed in the State of California.
     
    Keller Williams
    16185 Los Gatos Blvd
    Los Gatos CA, 95032