Address Map

Country : USA

State : Washington

County : King

City : Redmond

Zipcode : 98052

Street : Shen Street

Street Number : 15220

Longitude : W123° 51' 47.7''

Latitude : N47° 38' 7.6''

StreetDirSuffix : NE

Additional Information

Agent Name : Nima Bagha

ListAgentMlsId : 30022

ListOfficeMlsId : 1004204

Property Name : Aloft Hotel Redmond

Market Area : All Eastside

Company Zip : 98027

Company State : WA

Company City : Issaquah

Company Address : 4156 187th Ave SE

# of Owners : 2

Selling Office Commission : 4%

All Cash : Yes

Assignable : Yes

Balance Sheet Years Avaliable : 0

Beer/Wine License : No

Class H License : No

Commission Exclusions : No

Current Owner Years : 4

Excluded Items : No

Expense Includes Owner Salary : Yes

Fixtures Equipment : Yes

Fixtures Equipment Detail : 600000

Gambling License : No

Includes Living Quarters : No

Inventory Included : Yes

Inventory Value : 85000

Leaseable Square Feet : 2500

Member Comments : Show this Salon & Spa to your client who is th

Minimum Down : 150000

Monthly Equipment Rental : 0

Monthly NNN/CAM : 0

Monthly Rent : 8000

Net Profit : 1000000

No Special License : No

Operating Hours : Tuesday to Saturday 11am to 7pm

Operating Information : Proforma

Owner Hours : 0

Ownership Type : LLC

Parking Total : 200

Percent Interest : 8.00

Phone System Included : Yes

Professional License : Yes

Profit/Loss Years Avaliable : 0

Real Property : No

Reason for Selling : Running other businesses

Renewal Option : Yes

Rent Increase : 3-6%

Schedule C Years : 0

Seating : 50

Seller Terms : Yes

TradeName : Yes

Use Discretion : No

Year to Date Statement Available : No

Yearly Operating Expense : 1400000

Yearly Operating Income : 2400000

extra_data/Asset Class : Service

Property Description

Must see, fully equipped salon & spa, brand new and state of art equipment, high end design. The owner spent a lot of money and over 1 year building and creating a luxury salon in the brand new Aloft hotel . The décor of the Salon & Spa is inspired by the modern style of the hotel that houses the Salon. Privet entrance from the garage, free parking validation and the ability to schedule salon & Spa services through Aloft hotel at the time of reservation are just some of the amenities that comes with partnering up with Aloft hotel..<br />