Property DescriptionLocation Is everything!!! This business opportunity is located right in the heart of Fresno State University area. Walking traffic everywhere. Has a huge parking lot with several other businesses around. This nail and hair salon has successfully been here for approx 11 years. There is room for at least 21 stations. 3-6 hair stations and hair dryers.The is also a four chair barber shop seperated area. Currently there are 16 stations rented to long time tenants with their own clientele. The gross net income is over $5000 a month with much higher potential. This business has been a icon in the Fresno area since opening and the clientele shows it. Take over as is or completely remodel to fit your needs, either way this business opportunity is one you won't want to pass up.
- Property Type: Service
- Year Built:1980
- Square Footage:2200.00
- Lot Size: 0.00 SqFt (0.00 acres)
- Baths:0.00 ()
- Listing Broker:Aliyavanh Bouasana
- Listing Office:Guarantee Real Estate
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.