Herndon, VA 20170
- Retail properties
- 4,485 SF
Current Use by Public Records
- Retail properties
Property Details
- Year built
- 1988
- Property size
- 4,485 SF
- Property type
- Retail properties
Description
This exceptional opportunity presents a thriving, established flooring and house remodeling business in Herndon, Virginia. Located in a standalone building offering excellent visibility and situated in a prime location, this business has enjoyed consistent success for 36 years under the same ownership. The current owner is retiring, presenting a unique chance for a new entrepreneur to acquire a well-established enterprise with a proven track record. Financial details, including yearly revenue and profit, are readily available via tax returns for complete transparency. The business occupies approximately 4,485 square feet. Importantly, the property owner will sign a new long-term lease with the buyer, ensuring continued occupancy in this desirable location. This presents a low-risk entry point into a high-growth industry, with significant potential for expansion and increased profitability. The business is being sold as a standalone entity
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Herndon
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.3712
- Latitude
- 38.9764