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Asking Price:	$24,999 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	The Seller needs to spend more time with children
Year Established:	2006
# of Employees:	4 Full Time
Yearly Revenues:	$127,643
Yearly Cash Flow:	$48,000
Yearly Net Profit:	$48,000
Yearly Gross Income:	$127,643

Business for Sale Overview:

This is a one of a kind Nail and Beauty Salon - done in the Rodeo Drive style of elegance. There are other nail and beauty salons around the immediate area, what area is that not true of, but there are none that are as comfortable, elegant, and as professional as this one. It also has an outstanding location with high visibility and walk by traffic. There are 6 nail stations, 6 pedicure spas, a skin and beauty room, and an additional room for expansion - permanent make-up, tanning, or massage. There are currently 4 stylists who are Independent Contractors who receive 40% commission. The owner is selling due to having to spend more time with her children and family. This is a tremendous opportunity for the owner operator.

Property Features and Assets:

This is a one of a kind Nail and Beauty Salon - done in the Rodeo Drive style of elegance. The is over 1,500 square feet with 6 nail stations, 6 pedicure spas, a room for skin and beauty care, and an additional room to be rented out by the new owner - perhaps for massage or tanning. The base monthly rent is $3,626 plus NNN of $691. The Lease runs till 12/31/2010 and has a 5 year option to extend.

Market Competition and Expansion:

There are other nail and beauty salons around the immediate area, what area is that not true of, but there are none that are as comfortable, elegant, and as professional as this one. It also has an outstanding location with high visibility and walk by traffic. The current owner works only 30 hours per week at the best due to her commitment to her children and family, which is the reason she is selling. The new owner could add more stylists - there are currently only 4 and there are 6 stations. The new owner can add additional services- like massage, permanent make-up, tanning or The sky is the limit.

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.