Distressed Asset Sale - Turnkey Nail Salon in FL

Not Disclosed, FL
Broward County

Western


Asking Price: Annual Revenue:
$20,000 Not Disclosed

Services: Hair, Nails, Spas, Tanning


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RE: Distressed Asset Sale - Turnkey Nail Salon in FL Broker: Patrick Gagliardi

Quick Facts

Asking Price: $20,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 1
BBN Listing #: 982344
Broker Reference #: 3652

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Business Overview:

Sale of Assets. Family Hardship forces sale. Turnkey operation. Bright and clean nail salon still open and operating. Sale includes everything. 8 nail stations, 5 new pedicure chairs with massage, nail dryers, waxing, massage table, all the furniture, fixtures, equipment and inventory with more than 100 bottles of nail polish, acetone, acrylics, gel powders and sterilizing equipment. Excellent lease $1,935 base rent in shopping center with anchors. Husband and wife with one employee built this business from scratch with loyal clientele over last 7 years. Wife has health issue and unable to work forcing sale. Family relocating. Gross revenue averages $3,000 - $5,000 a week. Priced for quick sale. Please respect the confidential nature of this sale and do not visit the shop without the Broker.

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Property Features and Assets:

1,300 square feet in shopping center with anchor and high visibility and traffic count.

Market Competition and Expansion:

There is a new apartment complex under development adjacent to the shopping center. This building will have hundreds new potential clientele new to the area to add to the existing customer base. There is more equipment than employees to work in the shop. Hiring qualified nail technicians, waxing specialists and bring back the massage therapist will increase profitability.

Reason for Selling:

Health issues - Relocating.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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