418 3rd St Monument, CO 80132-6703
This exceptional opportunity presents a thriving, 17-year-old family-owned salon and spa located in Monument, Colorado. Established in 2007, this business boasts a proven track record of success, consistently profitable since 2009, and demonstrating resilience even during challenging economic times, including the COVID-19 pandemic. The current owner, who assumed sole ownership in 2016, purchased and renovated the building to create their ideal workspace. The salon and spa is situated in a prime location in the heart of south-central Colorado, serving a wide regional clientele. The business prides itself on exceptional customer service, high-quality services and products, and reasonable pricing. This has resulted in a loyal customer base and a strong reputation within the community. The sale includes the established business, its existing clientele, and the building. The current owner is motivated to sell and pursue other ventures, presenting a unique opportunity for a new owner to step into a well-established and profitable business. Inventory is negotiable separately from the asking price of $942,000. This turnkey operation offers immediate income potential and the chance to build upon an already successful foundation. The business has a history of providing employment opportunities for numerous individuals, contributing positively to the local economy. This is a rare chance to acquire a long-standing, successful 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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Monument, COMonument. Always verify with local authorities before improvements.
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.