8522 5th Ave, Brooklyn, NY 11209

Listing office Coldwell Banker Commercial AMH

Listing date Jul 31, 2024

Source Crexi

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Overview

The Uni K Wax Center, located at 8522 Fifth Ave, Brooklyn, NY 11209, presents a business opportunity with an asking price of $150,000. This established beauty franchise includes a 15-year lease, offering potential revenue stability. The lease terms include gradual rent escalations, with the tenant responsible for utilities and snow removal. The sale encompasses all existing equipment, facilitating a smooth transition for new ownership. The business has demonstrated consistent revenue, reporting a gross income of $271,713.29 in 2022 and $228,394 in 2023. The net operating income is strong, suggesting a return on investment. The property size is 1200 square feet. This business is suited for entrepreneurs seeking entry into the beauty industry with a reputable brand and a solid financial foundation in a prime Brooklyn location.

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Cosmetic Store Nursing Home Nursing Home Auto Repair Shop Gym & Fitness Center Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-74.026156

Latitude

40.621978

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FAQs

What type of property is this?

Retail space - Profitable Uni K Wax Center business for sale in Brooklyn.

Where is this retail space located?

The property is located at 8522 5th Ave Brooklyn, NY.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: Established Uni K Wax franchise with a 15‑year lease, offering stable revenue potential.; Lucrative business opportunity with consistent revenue and strong net operating income.; Prime location on Fifth Ave in Brooklyn.