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1820.S.Young Cir Hollywood FL, 33020
Price: $375,000
County: Broward County
Year Built: 1957
Parking Spaces:
Ann. Property Tax: 0
Sale Of: Business Only,Other Sale Includes
Sale Includes: Equipment,Inventory,Leases,License
ID#: 1011362437
Listed Date: 2023-03-27 |
Property Description:
Number of Employees: 0
Status of Listing: Active
Tax Amount: $0
Year Established: 2020
Income/Expense Period: 0
NOI: $111,640
| 38.5% ROI..! Nail Salon & Spa. PRIME LOCATION Heart of Downtown Hollywood Directly on Young Cirlcle w/ Easy Parking! High traffic visibility plus positioned next to all the Hip Restaurants and Shops & surrounded by Multiple New Residential High-rises under construction. NOI $144,433/YR! BUSINESS VALUED @ $430,000. Potential for even greater income… Since currently, Owner has done no marketing - all income is from street traffic only!! Rent $3500. Equipment: 12 Pedicure Spas, 10 Nail Stations, 3 Treatment Rooms (use rooms yourself or owner has tenants wanting to rent for $4500/mo, $54,000/yr). Perfect for L-1 visa, E-2 nonimmigrant visa, or EB immigrant visa. Current Owner Willing to Train.
*NOI calculated by rental of 3 treatment rooms $54,000/yr & $90,443 Net from Nail & Spa 2022.
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