#5666
Los Angeles

Absentee run Nail salon in upscale Encino of Los Angeles County

$275,000
Available
Absentee run Nail salon in upscale Encino of Los Angeles County



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Absentee run nail salon in upscale Encino Courtyard features ample subterranean and street level parking free of charge. A pedestrian colonnade entry provides direct access from the street level parking along Ventura Blvd. access. Located In a vibrant part of the San Fernando Valley between Balboa and Hayvenhurst on the north side of the street. Gross income a year is around $680,000 plus. Approximately 1700 sq ft with 17 nail stations, 2 spa chairs, and a waxing room. Lease amount is $9100 all inclusive. The business name is not included

Recently The landlord has launched a major releasing and design modernization plans for Encino Courtyard adding 150,000 sq ft Target, planet fitness, Shakeshack to a mix that also includes health and wellness offices and local dining. Some 140,000 people live within 3 miles of the 99, 677 square foot shopping center with an average household income of $121, 282

This is a The Real Estate Discount Concept listing.
Realtor Tommy Tran DRE License #01439113

Lease

Region:
Los Angeles
Lease Term:
There is 5 year left plus 5 yr option
Total Monthly Rent:
$9,100

Financials

Last Year's Annual Gross:
$680,000
Last Year's Owner's Cash Flow:
$122,000

Operations

# of Full-Time Employees:
2
Hours Open:
Monday to Saturday 10- 7pm, Sun 11-5pm
Year Established:
2001

Facilities

Indoor Seating:
20
# of Parking Spots:
plaza
Inside Sq. Ft.:
1700

Highlights

  • SBA loan approved

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 28,733 203,744 443,439
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,911 69,046 156,583
2010 Persons Per Household 2.26 2.83 2.73
Median House Value $487,700 $483,257 $511,595
Income Per Household $59,199 $61,965 $61,957
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,262 8,630 16,797
2012 Number Of Employees 15,956 155,822 307,428
2012 Total Annual Payroll $363,343,000 $3,839,612,000 $4,294,967,295

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Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. RestaurantForSales.com and The Real Estate Discount Concept its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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    Lease:  
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    Monthly Rent:  
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    Square Feet:  
    1,737
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    Available
    $175,000

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