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Business for Sale Overview:

Business For Sale. A high-end nail, hand, and foot salon in Beverly Hills. This salon is located in one the hottest and most desirable areas of town near the chic Robertson Blvd. shopping area; catering to this prime demographic. The business differentiates itself by offering a comprehensive menu of premium services including manicures, pedicures, hand and foot wraps, exfoliation, repair and revitalization treatments. These treatments feature organic scrubs, moisturizers, and other compounds. Additionally, the salon offers various waxing/hair removal treatments in a clean and relaxing environment. New business is generated in multiple ways; by word of mouth, though a referral card program, and a member points program that rewards clients for their patronage by allowing them to earn complimentary services. Also, member registration and the company's point-of-sales system captures client's e-mail addresses for e-mail marketing campaigns. This growing client data base in excess of 3,000 names is actively marketed to for client retention and business development. The salon has also been featured in many high visibility publications such as Vogue, Allure and In Style magazine. The business has outstanding operations documentation including an operations manual with written policies and procedures. Discretionary cash flow of $129,951 is derived directly from Sept 07 - Aug. 08 P&L statements. Sales for 2008 are up over 25% from 2007. This represents remarkable growth; particularly during challenging economic times! The business has been pre-approved SBA backed financing. The ideal new owner should have a background in higher-end retail service and/or retail business development, marketing and strong people management skills.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.