1433 Route 66 Glendora, CA 91740
- Community centers
- 14,000 SF
- 1.60 lot acres
Current Use by Public Records
- The Car Carrier / Transportation Service / Shipping Service
- Holliday-Agger Lisa / Psychologist
- SBR. Inc Kitchen, Bath, Flooring / General Contractor / Corporate Office
- Chris Andre Tax resolution Attorney / Tax Consultant
- Angel's Touch / Beauty Salon
Property Details for 1433 Route 66
- Year built
- 1977
- Construction
- WOOD
- Lot size
- 1.60 lot acres
- Property size
- 14,000 SF
- Zone code
- GDC_RT66SP
- Property type
- Community centers
- APN
- 8655-018-017
- APU
- 8655018017
Description
This thriving Glendora salon and spa, established 23 years ago, presents a unique investment opportunity. Currently operating from two units with a combined monthly rent of $4,200, the business boasts 17 rentable stations and rooms. These include nine hair stations, three private rooms ideal for various beauty services, three nail stations, and two pedicure stations. The current business model generates substantial income through both rental of these stations and rooms, and product sales. Financial projections indicate a potential gross monthly rental income exceeding $10,000, offering significant upside for a new owner. The property's long-standing presence in the community has fostered a loyal clientele and strong brand recognition, providing a solid foundation for continued success. This turnkey operation is ready for a new owner to step in and capitalize on the existing infrastructure and established reputation. The business is located at 1433 E Route 66, Glendora, CA and is priced at $100,000. This represents a compelling opportunity to acquire a profitable, established business with significant growth potential in a desirable location. The sale includes the established business, its clientele, and existing equipment. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,180,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,260,000
- 6.5%
- $3,145,000
- 7%
- $3,285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,405,000
- Geo Method
- $2,920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,605,000
- Retail
- $3,495,000
- Mixed-Use
- $3,250,000
- Hospitality
- $3,190,000
- Educational
- $3,255,000
- Residential Income
- $3,550,000
- Energy
- $3,320,000
- Income-Based Land
- $3,635,000
- Food Service
- $3,160,000
Location Insight
- Map
- Local Demand
- City
- Glendora
- County
- Los Angeles
- State
- California
- Longitude
- -117.839
- Latitude
- 34.1294
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA