This exceptional business opportunity presents a fully operational nail salon located at 1219 Suffolk Avenue, Unit B, in Brentwood, New York. The 1,600 square foot space is ideally situated for convenient access and high visibility, offering a turnkey solution for aspiring entrepreneurs. The salon is only three years old, representing a well-established business with existing clientele and operational infrastructure. This presents a significant advantage over starting from scratch, eliminating the time and expense associated with build-out and initial marketing efforts. All necessary equipment and fixtures are included in the sale, allowing for a seamless transition and immediate commencement of operations. The asking price of $24,999 represents a compelling investment opportunity in a thriving market. This is a chance to own your own business and capitalize on the established reputation and client base of this successful nail salon. The property is situated on a lot with no acreage, making it ideal for a business focused on walk-in and local clientele. The "Other" property type designation reflects the unique nature of this business opportunity, encompassing both the real estate and the established business within. This is a rare chance to acquire a profitable, established business with minimal upfront investment and immediate revenue potential. Serious inquiries are encouraged to explore this exciting prospect further. The sale includes all existing equipment and fixtures.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,888,520
6.5%
$1,743,250
7%
$1,618,730
Comparable approach
Method
Valuation
Relative Method
$1,335,260
Geo Method
$1,335,260
Alternative Use
Use
Valuation
Industrial / Distribution
$3,411,660
Retail / Commercial
$1,749,480
Hospitality / Lodging
$1,278,960
Office
$1,732,890
Institutional / Educational
$1,812,270
Residential Income
$2,120,360
Multifamily
$2,543,050
Automotive / Energy
$1,553,380
Parking / Income-Based Land
$536,052
Restaurant / Food Service
$906,676
Healthcare / Senior Housing
$1,787,670
Location Insight
City
Brentwood
County
Suffolk
State
New York
Latitude
40.7866
Longitude
-73.2236
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Suffolk Ave Brentwood, NY 11717
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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