High-End Nail Salon In Chelsea, Manhattan
New York, NY New York County
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- RE: High-End Nail Salon In Chelsea, Manhattan
- Contact: TOM CERNIELLO
Quick Facts
| Asking Price: | $500,000 | |
| Annual Revenue: | $850,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $300,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 10 | |
| BBN Listing #: | 993927 | |
| Broker Reference #: | 349 |
Business Overview:
Business Description
This Nail salon is a premier, appointment-only nail salon located in the heart of Chelsea, Manhattan, New York City. Operating successfully for five years, this niche business specializes in custom, high-end nail artistry, catering to an upscale clientele with bespoke designs. The salon generates $850,000 in gross revenue and $300,000 in net cash flow, offering a turnkey operation with a strong brand. With seller financing available ($250,000 down, $250,000 financed at 7% over 3 years), this is an attractive opportunity for entrepreneurs to acquire a thriving business with significant growth potential.
Key Features
· Niche Market: Specializes in custom, high-end nail designs, distinguishing it from traditional salons.
· Appointment-Only Model: No walk-ins, ensuring a premium, controlled client experience with predictable scheduling.
· Strong Financials: Gross revenue of $850,000 with a net cash flow of $300,000 annually.
· Prime Location: Located in the trendy Chelsea neighborhood, attracting affluent clientele in a high-traffic area.
· Turnkey Operation: Fully staffed with 10 employees, including a manager and receptionist, for seamless management.
· Seller Financing: Owner offers $250,000 down, with $250,000 financed at 7% over 3 years, easing the buyer’s entry.
· New Lease Available: Landlord will provide a new lease at $7,000/month, ensuring long-term stability.
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Property Features and Assets:
The salon is housed in a modern, well-appointed space in Chelsea, designed to exude luxury and sophistication. The facility features 10 high-end manicure stations, premium lighting, and a stylish reception area, creating an inviting atmosphere for clients. All equipment, tools, and inventory are included in the sale, ensuring a fully operational business. The landlord is offering a new lease at $7,000/month, securing the prime location. The salon’s website serves as a professional platform for showcasing services and managing appointments.
Market Competition and Expansion:
Manhattan’s nail salon market is competitive, but this Nail Salon stands out with its focus on custom, luxury nail artistry and an appointment-only model. Unlike general salons that rely on walk-ins and standard services, this Nail Salon targets a high-end clientele, reducing direct competition from budget-focused or high-volume salons in Chelsea. The salon’s exclusivity and reputation for quality make it a leader.
Reason for Selling:
Pursue Other Interest. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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