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    1 Withheld

    New Milford, CT 06770
    • $89,900
    • STATUS: Active
    • ON SITE: 401 days
    • MLS #: 170247966
    UPDATED: 54 min ago
    $89,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,200
      SQFT
    • $75
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    This 1,200 s.f. Tanning Salon has 4 lay-down tanning beds (2 Level 1s, 1 Level 2 and 1 Level 3). It also has a Stand - up tanning unit (Ultra 10) and a Stand - up Spray Tanning unit.The business started 12 years ago (2007) with the same Owner who has recently had a child and lives in Milford, CT. This is also the reason she now wants to sell.This business can be run either absentee, semi absentee or the Owner can work part time or full time allowing for more Owner take home.Business has an excellent reputation because of its cleanliness, location, great service, and daily advertised specials, mostly Facebook which probably should be expanded to other social media and even print and radio advertising. Danbury has a popular radio station that has a lot of 2 - for specials from local businesses. Sales in 2016 were +/- $93,166,100,825 in 2017, 103,842 in 2018 and +/- 128,244 is being projected for 2019. The proforma for a working Owner is +/-134.657* The net (Owners Cash Flow) for a working Owner (working 40 hours) is +/- $ 50,034. This business is located in southern New Milford, CT. Plenty of parking is available. The current rent is $2,385.90 per month including all nets. Rent increases 3.0% per year. A new lease may be written for the new tenant. Space is 1,200 s.f.. More info on this business is in the Addendum!*Keep in mind, this business has been affected (as most of all businesses) by the 2020 Co-Vid Pandemic.

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    © 2020 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Galatas Real Estate Group | Higgins Group Private Brokarage. Data last updated: 2020-12-02T12:10:13.383.
    www.galatasgroup.com/homes/100329148
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    1 Withheld New Milford, CT 06770

    • Price: $89,900
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 170247966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,200
    SQFT
    $75
    $/SQFT
    Neighborhood:
    N/A
    County:
    Litchfield
    Area:
    New Milford
    Property Description
    This 1,200 s.f. Tanning Salon has 4 lay-down tanning beds (2 Level 1s, 1 Level 2 and 1 Level 3). It also has a Stand - up tanning unit (Ultra 10) and a Stand - up Spray Tanning unit.The business started 12 years ago (2007) with the same Owner who has recently had a child and lives in Milford, CT. This is also the reason she now wants to sell.This business can be run either absentee, semi absentee or the Owner can work part time or full time allowing for more Owner take home.Business has an excellent reputation because of its cleanliness, location, great service, and daily advertised specials, mostly Facebook which probably should be expanded to other social media and even print and radio advertising. Danbury has a popular radio station that has a lot of 2 - for specials from local businesses. Sales in 2016 were +/- $93,166,100,825 in 2017, 103,842 in 2018 and +/- 128,244 is being projected for 2019. The proforma for a working Owner is +/-134.657* The net (Owners Cash Flow) for a working Owner (working 40 hours) is +/- $ 50,034. This business is located in southern New Milford, CT. Plenty of parking is available. The current rent is $2,385.90 per month including all nets. Rent increases 3.0% per year. A new lease may be written for the new tenant. Space is 1,200 s.f.. More info on this business is in the Addendum!*Keep in mind, this business has been affected (as most of all businesses) by the 2020 Co-Vid Pandemic.
    Exterior Features

    Road Frontage Description State Road

    Interior Features

    Cooling System Central Air Heat Type Hot Air Restrooms Number Of 1

    Property Features

    Business Name Tanning Salon Documents Available Other Electic Amperage 600 Garage Parking Info Off Street ParkingParking Lot Heat Fuel Type Natural Gas Landlord Requirments Credit CheckReferences RequiredSecurity DepositLease RequiredAnnual IncreaseNet-Net-Net Lease Location SuburbanStrip Mall Possession Availability Asap Present Use Tanning Salon Sewage System Public Sewer Connected Sign Yn No Tenant Responability Air ConditioningAll UtilitiesCable TvCommon Area MaintenanceElectricityReal Estate Taxes Utilities Available Gas AvailableTelephone Water Source Public Water Connected Zoning Bus

    Listing information © 2020 Smart MLS
    Listing provided courtesy of Charlie Vlahos of Blanket Real Estate.


    © 2020 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Galatas Real Estate Group | Higgins Group Private Brokarage. Data last updated: 2020-12-02T12:10:13.383.
     
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    Galatas Real Estate Group | Higgins Group Private Brokarage
    1499 Post Road
    Fairfield CT, 06824