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Asking Price:	$95,500 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	personal
Year Established:	2006
Yearly Revenues:	$272,000
Yearly Cash Flow:	$133,000
Monthly Payroll:	$69,000

Business for Sale Overview:

This fashionable Studio City Area nail salon offers all the standard nail and day spa services in an environment that is anything but standard. With added bonuses such as its unique service offering (and revenue stream), it neighborhood location with plenty of foot traffic, easy freeway access (yes, customers drive from miles around to visit this hot spot), and parking, this salon maintains extended hours to accommodate its patrons manicure and pedicure needs, amongst the other guilty pleasure its clients may seek to indulge in during their visit. The salon, rather than its technicians, has a highly loyal client following often making it the preferred location for bridal or baby showers, parties, or girls nights out! This opportunity is not available for co-broker at this time; kindly refrain from such inquiries.

Property Features and Assets:

The 1,800 square feet space leases for $3,300 per month until 10/10 plus. The chic salon has been custom decorated with top of the line modern fixtures and signage, is styled more in the vein of a trendy cafe or lounge than a typical nail salon. Additionally, the salon offers several complementary services that help diversify the revenue stream, while spoiling customers with a full beauty service and relaxation offing. While the business has no official employees, it does boast over 12 nail technicians, estheticians, and massage therapists.

Market Competition and Expansion:

While there are certainly other businesses that offer similar individual services, none come close to offering client the full suite of services, the chic lounge atmosphere, or the service with a 'twist' that this business proudly boasts. Why change a good thing? New owners will likely seek to be a nail technician, esthetician, massage therapist themselves to maximize revenues. They may also seek to increase advertising and public relations spending, promote additional on-site or offer off-site parties, offer customize spray tans, or dot Southern California with a number of new locations.

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.