698 Yamato Road, Boca Raton, FL 33431

Overview

Description

This exclusive luxury nail salon and Spa in beautiful Boca Raton Florida. Fully equipped with 8 Pedicure Stations and 12 Manicure Statios. High end shopping center on a busy main road. Plenty of opportunity for growth. A working owner should make 10k a month going forward. Great OPPORTUNITY!!! May qualify for E2 Visa.

General Property Information

Occupied Area: 1200
Year Built: 2017
Parking Total: 4
Training Available YN: Yes

Property Features

Business Type: Commercial Lease Term Remaining: 4-6 Years Location of Property: Shopping Center Parking Features: Common; Free Possession: Negotiable Sale Includes: Business; Furniture; Inventory; Machinery Special Licenses: City License Source Of Expenses: Owner Provided Listing Terms: Cash Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN: No
Original List Price: 220000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 698
Street Name: Yamato
Street Suffix: Road
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Area: 4110
Geographic Area: PB01
Directions: FROM I95 NORTH TAKE EXIT AT YAMATO RD WEST, THE SHOPPING CENTER WILL BE AT YOUR LEFT
Municipal Code: No
Subdivision Number: 0

Status Change Information

Major Change Timestamp: 2024-07-23T02:03:18Z
Major Change Type: Status Change
Price Change Timestamp: 2024-05-31T19:41:40Z
Status Change Date: 2024-07-23
Under Contract Date: 2024-06-12
Close Date: 2024-07-22
Close Price: 40000
Buyer Financing: Seller Financing

Building and Property Details

Maximum Occupancy: 10
% Air Conditioned: 0

More Information

Business Details

Total Employees: 5
Year Established: 6
Years Current Owner: 2

Lease Details

Lease Expiration: 2025-08-31
Renewal Option Description: YES

Income and Expenses

Gross Income: 320000
Gross Sales: 320000
Inc/Exp Statement Period: 2022
Insurance Expense: 100
Inventory Value: 5000
Net Operating Income: 65000

Buyer Details

Country of Origin: Russia
Intended Use: Unknown/Withheld

Originating Details

Originating System Key: 382169674
Originating System ID: M00000151

Currently Not Used

Year Built: 2017

Office/Member Information

DXORIGMLSID: SEF

Parking Features

Common: Yes
Free: Yes

Location of Property

Shopping Center: Yes

Possession

Negotiable: Yes

Business Type

Commercial: Yes

Sale Includes

Business: Yes
Furniture: Yes
Inventory: Yes
Machinery: Yes

Special Licenses

City License: Yes

Listing Terms

Cash: Yes

Hours/Days Of Operation

# Of Days Open: 6

Lease Term Remaining

4-6 Years: Yes

Source Of Expenses

Owner Provided: Yes

Contingencies

3rd Party Approval: Yes

Section Details

Parcel Number MLX: No