110 12th S Oak St Richland, IA 52585-9515
This thriving beauty shop, located at 110 N Oak Street in Richland, IA, presents a unique turnkey opportunity for entrepreneurs. The 384 square foot space is currently operating as a successful beauty salon with a loyal client base and a proven track record. All equipment, supplies, and retail inventory are included in the sale as of the closing date, along with valuable formula cards for hair services. The current owner operates on a highly efficient three-day appointment schedule supplemented by Walk-In Wednesdays, demonstrating strong customer demand and operational efficiency. The sale price is $42,000. The property sits on a 0.09-acre lot, offering potential for expansion beyond its current use. The versatile space could easily accommodate a variety of businesses, including but not limited to an office, bakery, or coffee shop. This is an exceptional opportunity to acquire a well-established business in a vibrant community, allowing for immediate revenue generation and the potential for significant growth. The business is ready for a new owner to step in and continue its success. Don't miss this chance to own your own business in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.