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    190 Westgate Pkwy Dothan, AL 36303

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    190 Westgate Pkwy Dothan, AL 36303


    • Commercial real estate
    • 1,900 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Our New Baby Inc / Furniture & Home Goods / Clothing & Fashion Store
    • Wiregrass School of Massage Therapy / Alternative Medicine Practice
    • Reformed Barber Company / Barber Shop
    • Hey Gorgeous! Studio / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 190 Westgate Pkwy

    Property size
    1,900 SF
    Property type
    Commercial real estate

    Description

    This exceptional opportunity presents the acquisition of "Hey Gorgeous," a highly successful, full-service salon and gift boutique ranked among Salon Today Magazine's Top 200 salons nationally. Located at 190 Westgate Pkwy, Dothan, AL 36303, this Class A, single-story business occupies approximately 1,900-2,100 square feet within a commercial zoned property. The business operates within a leased space, and the buyer will be required to sign a new lease with the building owner; lease details are available upon request. The sale includes the business only; the building is not included. "Hey Gorgeous" offers a comprehensive range of services, including hair styling, barbering, hair extensions, permanent makeup, special event makeup, eyelash extensions, fine line tattoos, body waxing, lash lifts and tints, DMK enzyme therapy, body slimming, brow tinting and lamination, manicures and pedicures, facials and skincare, and needless lip plumping. A complementary gift boutique features hair and skincare products, and gifts for women, men, and children. The business enjoys an outstanding reputation in Dothan and the Wiregrass area, operating Tuesday through Saturday. The current owner is offering owner financing with a sales price of $275,000, a $75,000 non-refundable down payment, a 7% interest rate amortized over 10 years (with a 2-year balloon payment). A 30-day due diligence period and a 15-day closing are offered. A training period is available, and the existing employees are interested in remaining. The business includes both independent booth renters and W2 employees. A detailed inventory list and standard operating procedures will be provided at closing. A non-disclosure agreement (NDA) and bank letter are required.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.4342
    Latitude
    31.231
    More about this property
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