Business For Sale

Eco-chic Nail Salon with established clientele in

Miami, FL
Miami Dade County


Asking Price: Annual Revenue:
$190,000 $430,000

Services: Hair, Nails, Spas, Tanning


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RE: Eco-chic Nail Salon with established clientele in Broker: Raquel Afriat

Quick Facts

Asking Price: $190,000
Annual Revenue: $430,000
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 8
BBN Listing #: 584748944
Broker Reference #: 55555

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Business Overview:

• The eco-chic beauty bar in Miami, recognized as best of Miami in manicures, pedicures and nail art for the past 7 years. In the Top 10 salons in the US
• Featured in national major beauty magazines such as Allure, Marie Claire, InStyle and American Spa.
• Rebranded and remodeled to develop a franchise-expansion program.
• Name and logo trademarked in USA.
• Residential and shopping area, new condos in construction including Hides hotel & residences
• 6 pedicure chairs and 10 manicure tables + 1 room for waxing, facials, brows.
• High ceilings: possibility to add a mezzanine for more optimization of the space.• Stable team, limited turnover. Management team in place for more than a year, highly trained.
• 8 estheticians (7 on W2 + 1 on 1099) (including 3 full estheticians, 1 receptionist).
• Owner does not need to have a professional license to operate the salon.
Great opportunity for E2 visa buyers!

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Property Features and Assets:

.• Salon remodeled in 2016: new pedicure chairs, new treatment room, new furniture: total cost $40,000. • Rent: until September 2020. Increase of 3% per year. Currently at $5,576.50 per month. No CAM, no % on profit, no water, flat fee. 2 parking • 1,300 square feet, including one treatment room and one restroom. • Public parking one block from the salon. opening Hours: Thursday 10AM–8PM Friday 10AM–8PM Saturday 10AM–8PM Sunday 11AM–6PM Monday Closed Tuesday 11AM–8PM Wednesday 10AM–8PM

Market Competition and Expansion:

• App for customers (online bookings, followed up of rewards points) and for management (booking, purchase, schedule, reports). • Schedule system including excellent marketing tools: newsletters, birthday specials, group customers, performance reports, staff payroll, customer behavior, retail and inventory management, clock in / clock out, CRM. • Social Media: IG 22.6k followers, FB 8.4k followers, Twitter 1.2k followers.

Reason for Selling:

Family

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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