For Sale
$130,000

7383 8Th StMiami, FL 33144

Turnkey Salon Business, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Miami property at 7383 SW 8th St, Miami, FL 33144, presents a unique investment opportunity. Priced at $130,000, this 1953-built storefront offers a blend of retail and office space, ideal for a variety of uses. Currently operating as a thriving beauty salon and spa, the sale includes the established business, its loyal clientele, and all existing equipment. The salon boasts a modern interior, three hair stations, two nail stations, and three pedicure chairs. Three additional suites are rented out, generating supplemental income at $150 per week each. The business operates Tuesday through Sunday, from 10:30 am to 7:00 pm, and enjoys a high-traffic location. Monthly rent is $2,500 plus sales tax. Utilities are low, averaging $70 every three months for water and $220 monthly for electricity. The property is conveniently located in Miami-Dade County, but note that parking is unassigned and operates on a first-come, first-served basis. Ten years of successful operation in this location demonstrate the property's strong potential for continued success. This turnkey operation offers immediate income generation and significant upside potential for a savvy investor.

Highlights

  • $130,000 turnkey investment opportunity in Miami, FL.
  • 1953-built storefront with retail and office space, currently operating as a successful beauty salon and spa.
  • Includes established business, clientele, and equipment; features three hair stations, two nail stations, and three pedicure chairs.
  • Three additional rented suites generate $150/week each in supplemental income.
  • Monthly rent is $2,500 plus sales tax; low utilities (water ~$70/quarter, electricity ~$220/month).
  • Located at 7383 SW 8th St, Miami, FL 33144; un-assigned parking.

Property Details for 7383 8Th St

Property type
Retail properties, Office properties
Year Built
1953

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7628973
Longitude
-80.3152598
7383 8Th St, Miami, Florida

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7383 8Th St
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