Great Opportunity to own a thriving beauty salon located in the heart of Leominster! This 1, 163 sq ft salon offers a prime opportunity for an entrepreneur looking to step into a well-established business with a loyal client base among many other businesses. This salon has 6 hair stations and 2 sink, 3 manicure stations, 2 restrooms, 3 private room being 2 of which are fully furnished, ready for use in waxing, makeup, massage, aesthetic procedures, and more. Includes a limited kitchen with a microwave and mini refrigerator for staff use. Plenty of customer parking available, ensuring easy access for your clientele. This is a Triple Net lease; utilities are not included in rent. The new owner will be assuming an existing lease. This is an ideal opportunity for a beauty professional or investor to capitalize on an existing brand with a strong foundation. Don’t miss out on this chance to own a piece of the beauty industry in Leominster!
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$89,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $71,200 | $71,200 | $71,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $474 | $473 | $600 |
Total Monthly Payment | $549 | $548 | $675 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.