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Property profile & analytics
OFF-MARKET
Investment properties

53 Main Ave Wallington, NJ 07057

Individually Owned 8-yr Hold
Property ID
US59-2803836
Property summary
AI-generated overview

This thriving tanning salon in Wallington, NJ, presents a fantastic turnkey business opportunity. Located on a busy Main Street, this well-established salon boasts a loyal clientele and excellent visibility. The 8-room facility includes two Sundazzler stand-up tanning units, one Alpha, one Bullet, one Cayenne, and a spray tan booth (non-UV). A Helios computer system and transferable website are included in the sale, streamlining operations. The salon also features a storage and break room, along with a washer and dryer in the basement. All supplies and lotions are included, ensuring a smooth transition for the new owner. Ample parking is available in the rear of the building. The current lease is $1700 per month and expires in February 2026, with the landlord open to extending the lease. The seller is willing to provide training to the new owner, facilitating a seamless handover. The business is priced at $52,000. There's significant potential to expand services, such as adding lash extensions, waxing, and facials. A Smart Tan certificate is required for each employee ($100 per person). Begin your 2025 business venture with this established and profitable salon. This is a rare opportunity to acquire a successful, established business with a strong foundation and significant growth potential.

Property profile
Verified
Property type Investment properties
UPID US59-2803836
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tropical Tanning Salon & Spa Tanning Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Piotr Galecki · 8 yrs held
Piotr Galecki
since 2017
2 recorded transactions
2020
Price N/A
2017
$365,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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