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Property profile

Lancaster, PA 17601

OFF-MARKET
Investment properties
Built 1960
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Property summary

AI-generated overview

This thriving nail salon presents a fantastic opportunity for an entrepreneur seeking an established business with a loyal clientele. Located in a desirable suburban area of Lancaster, Pennsylvania, this well-established salon has been operating successfully for 12 years. The business boasts five manicure chairs and five pedicure stations, providing ample space to accommodate clients. All existing furniture, equipment, and the established client base are included in the sale price of $110,000. The current monthly rent is $1,180, with the landlord covering heat, electricity, and trash removal, significantly reducing operational costs for the new owner. The property offers convenient parking, with five or more spaces directly available, plus additional parking within the complex. This ensures easy access for clients and contributes to the salon's overall appeal. The salon is situated in Manheim Township, which has an estimated population of 42,000, providing a substantial and readily accessible customer base. This turnkey operation is ready for immediate ownership and offers a strong foundation for continued growth and profitability. This is an exceptional opportunity to acquire a well-established business in a prime location with minimal upfront investment in setup and client acquisition. The existing infrastructure and loyal clientele provide a solid platform for immediate success and future expansion.

Property profile

Verified
Property type Investment properties
Year built 1960

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lancaster, PA 17601
Lancaster metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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