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35501 West Michigan Avenue
Wayne, MI 48184
Asking Price
$29K
Asset Type
Office
Class
Class B
What's Special
<p><strong style="color: rgba(0, 0, 0, 1)">EUROPEAN TANNING BUSINESS ONLY FOR SALE! Prime Downtown Wayne business opportunity on a high-traffic corner. This 23-year established tanning salon was recently renovated and offers 11 tanning rooms equipped with a mix of lay-down and stand-up high-pressure units. A 12th room provides space for aesthetic services or a nail center. The sale is inclusive of all business assets, from the security system and stereo to the laundry facilities and lobby furnit
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NOI
$80,000
Cap Rate
275.86%
DSCR
46.47
Strong
Cash-on-Cash
899.75%
Monthly Payment
$143.476
Annual Cash Flow
$78,278.286
