101 Blvd Gaithersburg, MD 20877
- Investment properties
Current Use by Public Records
- Investment properties
Property Details for 101 Blvd
- Year built
- 1983
- Property type
- Investment properties
Description
This thriving hair and nail salon in Gaithersburg, MD presents a unique business acquisition opportunity. Located at 101 Boulevard Unit 100, this well-established enterprise boasts nearly two decades of success in its current location, cultivating a loyal clientele base of hundreds of satisfied customers. The business enjoys a strong reputation for quality service and cleanliness within a highly desirable area. The sale includes a substantial investment in leasehold improvements exceeding $60,000. Financial records demonstrate a six-figure gross revenue history, showcasing the profitability and potential for continued growth. The property benefits from a large on-site parking lot, convenient access to public transportation, and proximity to multiple shopping centers. Its strategic location off Frederick Road places it within the sphere of influence of the future Lakeforest Mall development, promising further growth opportunities. This turnkey operation offers an immediate path to business ownership, eliminating the need for real estate acquisition. The asking price is $60,000, reflecting a significant price reduction, making this an exceptional value for a proven, profitable business. Serious inquiries are encouraged.
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
- Gaithersburg
- County
- MONTGOMERY
- State
- Maryland
- Longitude
- -77.1899
- Latitude
- 39.1398
