Retail Space - For Sale
7100 East Cave Creek Road Cave Creek, AZ 85331
Details & Description
Price: $559,000
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.000
  • Building Sq Ft 3,600
  • Building Price per Sq Ft $155.28
Ever wanted to own your own Salon Suites? Now is your opportunity in the beautiful town of Cave Creek! Formerly operating Sherrie's Salon was a salon with hair stylists, masseuses, nail techs and artists. There are 12 suites/studios for hair stylists or nail techs and a suite with a shower for a masseuse. The monthly rental fees were previously $600 for hair stylists, and $500 for nail techs/masseuse.The potential monthly gross revenue would be $7,500 with a normal mix indicated below:10 hair stylists- $6,0002 nail techs - $1,0001 masseuse - $ 500Total Revenue - $7,500The salon monthly operating expenses used to average about $2,000 including cleaning supplies, if everyone helps cleanup the place or tasks are assigned on a rotating weekly basis, or if the owner helps keep the place clean.Normal monthly bills below:$ 1,100 Stage Coach Village POA fees$ 450 APS electrical$ 160 Repairs/Maintenance/Supplies$ 150 Cave Creek Water/Sewer$ 90 Cox internet$ 50 Insurance (Liability)Total Expenses $2,000*Association covers building insurance, roof maintenance, landscaping, parking lot etc.Net Annual Profit Potential $66,000 for owner operatorIn addition to the suites the Salon has a large reception/lounge area with a coffee bar, a pedicure area, a hair drying lounge, an area for shampoo stations, two nice bathrooms, two storage rooms with lockers and a kitchenette with a washer and dryer. This truly is a ready-to-go salon suites, so come and open up your own business today!NO TOURS WITHOUT PRIOR AUTHORIZATION FROM LISTING AGENTS
Additional Photos
Listing Agents
Carrick Sears

O: 480-425-5529
carrick.sears@svn.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

7100 East Cave Creek Road

Cave Creek, AZ 85331

Listing ID: 235449
$559,000
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 0.000
  • Building Sq Ft 3,600
  • Building Price per Sq Ft $155.28
  • 7100 East Cave Creek Road Cave Creek, AZ 85331 | for Sale | Photo 1
  • 7100 East Cave Creek Road Cave Creek, AZ 85331 | for Sale | Photo 2
  • 7100 East Cave Creek Road Cave Creek, AZ 85331 | for Sale | Photo 3
  • 7100 East Cave Creek Road Cave Creek, AZ 85331 | for Sale | Photo 4
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Description

Ever wanted to own your own Salon Suites? Now is your opportunity in the beautiful town of Cave Creek! Formerly operating Sherrie's Salon was a salon with hair stylists, masseuses, nail techs and artists. There are 12 suites/studios for hair stylists or nail techs and a suite with a shower for a masseuse. The monthly rental fees were previously $600 for hair stylists, and $500 for nail techs/masseuse.

The potential monthly gross revenue would be $7,500 with a normal mix indicated below:

10 hair stylists- $6,000

2 nail techs - $1,000

1 masseuse - $ 500

Total Revenue - $7,500

The salon monthly operating expenses used to average about $2,000 including cleaning supplies, if everyone helps cleanup the place or tasks are assigned on a rotating weekly basis, or if the owner helps keep the place clean.

Normal monthly bills below:

$ 1,100 Stage Coach Village POA fees

$ 450 APS electrical

$ 160 Repairs/Maintenance/Supplies

$ 150 Cave Creek Water/Sewer

$ 90 Cox internet

$ 50 Insurance (Liability)

Total Expenses $2,000

*Association covers building insurance, roof maintenance, landscaping, parking lot etc.

Net Annual Profit Potential $66,000 for owner operator

In addition to the suites the Salon has a large reception/lounge area with a coffee bar, a pedicure area, a hair drying lounge, an area for shampoo stations, two nice bathrooms, two storage rooms with lockers and a kitchenette with a washer and dryer. This truly is a ready-to-go salon suites, so come and open up your own business today!

NO TOURS WITHOUT PRIOR AUTHORIZATION FROM LISTING AGENTS

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Cave Creek Area Market Trends

Listing Demographics for 7100 East Cave Creek Road Cave Creek, AZ 85331

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population1,36210,67827,184
Population Median Age595953
Population by Age0-9 Yrs39 (2%)330 (3%)1486 (5%)
10-19 Yrs74 (5%)729 (6%)2575 (9%)
20-29 Yrs51 (3%)309 (2%)1215 (4%)
30-39 Yrs32 (2%)184 (1%)1103 (4%)
40-49 Yrs114 (8%)970 (9%)3136 (11%)
50-59 Yrs242 (17%)1851 (17%)4708 (17%)
60-69 Yrs352 (25%)2604 (24%)5936 (21%)
70+ Yrs458 (33%)3701 (34%)7024 (25%)
Median HH Income$82,636$103,131$117,819
Total Household Income< 24K70 (10%)488 (9%)1000 (8%)
25-49K141 (20%)835 (16%)1639 (13%)
50-74K113 (16%)653 (12%)1375 (11%)
75-99K79 (11%)550 (10%)1148 (9%)
100-199K159 (22%)1365 (26%)3518 (29%)
200K+134 (19%)1271 (24%)3123 (26%)
Highest Education LevelNo Diploma21121419
Diploma or GED17113292643
Some College30120654695
Assoc. Degree736181796
Bachelors Degree44333747862
Higher Degree21119335055
Total Housing Units9086,91314,881
--Owner-Occupied5794,57910,691
--Renter-Occupied1185821,111
Owner-Occupied Values< 100K45250323
100-199K23135294
200-299K55310609
300-399K51277994
400-499K585501666
500K+34730576805
Total Working Age Population1,27710,00724,247
In Work Force5304,00311,491
Not In Work Force7476,00412,755
Workforce Employed5053,86111,139
Workforce Unemployed25142352
Civlian Workforce5304,00311,491
Military Workforce000
Total Households6975,16111,802
Family Households4333,5858,948
Non-Family Households2651,5762,854
Married Couple3793,2508,164
Other Family54335784
Married w/Child334231,734
Single Male w/Child42770
Single Female w/Child638179

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Arizona5,130,632+256,392,017+147,286,100+148,284,900
Maricopa County3,072,149+243,817,117+164,436,900+155,107,700
Yavapai County167,517+26211,033+11234,400+9256,400

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Demographic Radii
Points of Interest
Traffic Counts
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Closest Commercial Airports
Airport Distance (mi)
Phoenix Sky Harbor International Airport (PHX) 28
Tucson International Airport / Morris Air National Guard Base (TUS) 132
McCarran International Airport (LAS) 240
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