163 Jericho Tpke Mineola, NY 11501
- Commercial real estate
- 800 SF
Current Use by Public Records
- U Nice Nail & Spa / Nail Salon
- Cozy Nails / Nail Salon
Property Details for 163 Jericho Tpke
- Property size
- 800 SF
- Property type
- Commercial real estate
Description
This thriving nail salon presents a unique investment opportunity in the heart of Mineola, NY. Located at 163 E Jericho Turnpike, this 800-square-foot establishment boasts a consistent revenue stream generated from both cash and credit card transactions. The salon's current configuration includes four manicure tables and five pedicure chairs, providing ample space for client services. The property is situated on a main thoroughfare, ensuring high visibility and significant foot traffic, contributing to its strong financial performance. The current lease agreement extends until 2028, with a five-year option to renew, providing long-term stability for the business. Monthly rent, inclusive of taxes and common charges, is $1820, subject to a 3% annual increase. The salon is conveniently located near major roadways, enhancing accessibility for both clients and staff. A well-maintained ventilation system is already in place, ensuring a comfortable and healthy work environment. This turnkey operation offers a compelling opportunity for an experienced entrepreneur or investor seeking a profitable and established business in a desirable location. The business is ready for immediate operation, requiring minimal investment to continue its successful trajectory. The sale price is $55,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mineola
- County
- Nassau County
- State
- New York
- Longitude
- -73.6288
- Latitude
- 40.7531
