Newtown, CT 06482MLS Number 170472508

  • Price: $39,000
  • 329 Days on Market
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Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
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Newtown CT 06482
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  • 1,700Square Feet

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Family hair salon doing men's, women's and specializing in children's haircutting. This business has been in this town for over 17 years. The Owner wants to retire but would work for the new Owner 2 days a week so the new Owner can get to know the customers and learn some of the tricks needed to do children's hair (especially the younger ones). Asking Price: $39,000 + Inventory (+/- $5,000) Location: In the Greater Danbury CT area (Fairfield County) Real Estate: Leased Parking: Street and Parking Lot Business SF: 2,300 s.f. Lease: Rent is expected to be $2,100 a month which is +/- $10.96 psf. Employees: The owner is working with 1 part-time experienced cutter. Furniture, Fixtures, & Equipment (FF&E): Included in the asking price. Growth & Expansion: The comments above (Employees) discuss a few ideas. Others include opening more hours, selling products along with the haircutting, increasing staff to do women's hair, coloring, etc., and doing more advertising & promotion. Hours Of Operation: Monday, Sunday & Thursday - closed. Tuesday, Wednesday & Friday 12 - 6. Saturday 9 - 3. All visits are by appointment. Owner working 4 days/week - all clients make appointments. Note: Keep in mind the Owner wants to retire. You have a choice - do the same or hire cutters and expand. Sales & Cash Flow info is for a 4-day work week.
Listed by Charlie Vlahos of Blanket Real Estate

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More Info

Basic Information

  • Broker NameBlanket Real Estate
  • List Price$39,000
  • MLS Number170472508
  • Property TypeBusiness For Sale
  • StatusACT
  • TownNewtown
  • Virtual TourView Tour
  • Gross annual income$131,000
  • Also for leaseNo
  • MLS StatusActive

Auction

  • Bank owned propertyNo

Other

  • ExclusionsPersonal Items - see Inventory List
  • Documents AvailableOther
  • Lease purchaseNo
  • Purchase optionNo
  • Landlord requirmentsCredit Check, References Required, Security Deposit, Lease Required, Annual Increase
  • Landlord responability
    • Capital Improvements
    • Common Area Maintenance
    • Grounds Maintenance
    • Real Estate Taxes
    • Roof Maintenance
    • Structural Maintenace
  • Inventory includedNo
  • Inventory value estimated$5,000
  • SubdividableNo
  • Net operating income66000
  • Space is leasedYes
  • View Count11

Basic Information

  • Agent IDB6782

Building

  • Building ConstructionFrame
  • AtticNo
  • Garage Spaces
  • Garage Parking InfoOn Street Parking, Off Street Parking, Parking Lot
  • Square Feet1,700
  • Restrooms number of2
  • Stories1
  • Additional space availableYes

Utilities

  • Heat SystemBaseboard
  • Heating FuelElectric
  • Utilities availableElectric
  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer In Street

Location

  • CountyFairfield
  • LocationDowntown, Suburban, Other
  • StateCT
  • Zip06482

Property

  • Lot DescriptionDry, Sloping Lot
  • Parking Spaces22
  • Parking spaces covered
  • Parking spaces uncovered22
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business nameHair Salon For The Whole Famil
  • Employees number of1
  • Road Frontage DescriptionPaved Road
  • SwimmingpoolNo
  • Land included w businessBusiness Only (No Real Estate)
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

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