For Sale
$67,900

164 Maple Rd Troy, MI 48083

Established Beauty Salon, High Profit Potential

Overview

Added:
Dec 11, 2024
Days on market:
131
Exceptional investment opportunity in Troy, Michigan, featuring a thriving 2,600 square foot beauty salon located at 164 E Maple Rd. This established business, built in 1989, boasts 12 hair stations, 4 nail stations, and 2 pedicure chairs, catering to a diverse clientele. Three additional rooms offer versatility for expansion into services such as laser treatments, electrolysis, or facials; one room currently serves as an office. The property sits on a 0.86-acre lot (APN 20-34-101-019) and is zoned 201 Bus Improve. The current lease is $3,000 per month, and the business generates an annual profit between $25,000 and $30,000. A skilled team of 11 employees, including nail technicians, a lash expert, and hairdressers, ensures smooth operations. The owner is willing to provide training to ensure a seamless transition. Detailed financials are available upon request with a non-disclosure agreement. This turnkey operation presents a rare opportunity for a savvy investor seeking a profitable and established business in a prime location. The property consists of one building on a 0.86-acre lot.

Highlights

  • Asking price: $67,900
  • Established business for sale in Troy, MI, generating $25,000-$30,000 annual profit.
  • 2,600 square feet on a 0.86-acre lot, with 12 hair stations, 4 nail stations, and 2 pedicure chairs.
  • Includes 3 additional rooms suitable for various services (laser, electrolysis, facials, etc.).
  • Current lease is $3,000 per month.

Property Details for 164 Maple Rd

Property type
Commercial real estate
Square Feet
2,600 SF
Year Built
1989
Buildings
1
Lot Size (sq. ft)
37,462 SF
Units
1

Location Insight

City
Troy
County
Oakland
State
Michigan
Latitude
42.5478139
Longitude
-83.1437086
164 Maple Rd, Troy, Michigan

FAQs

What type of property is this?
Commercial real estate - Established Beauty Salon, High Profit Potential
Where is the commercial real estate located?
The property is located at 164 Maple Rd Troy, MI.
What is the asking price?
The asking price for this property is $67,900.
What are key features of this property?
This property features: Asking price: $67,900; Established business for sale in Troy, MI, generating $25,000-$30,000 annual profit.; 2,600 square feet on a 0.86-acre lot, with 12 hair stations, 4 nail stations, and 2 pedicure chairs.
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164 Maple Rd
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