Busy And Established Nail And Hair Fashion Salon
Not Disclosed, CA San Diego County
Seller's Contact Information
- RE: Busy And Established Nail And Hair Fashion Salon
- Contact: Joe Durkin
Quick Facts
| Asking Price: | $59,000 | |
| Annual Revenue: | $70,130 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $23,442 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 4 | |
| BBN Listing #: | 880733008 | |
| Broker Reference #: | 2401-421182 |
Business Overview:
Popular and Well-Established Nail Salon, Hair and Spa Business. Located in a busy area, the salon has built a loyal customer base by providing excellent customer service. Turnkey and great owner-operator opportunity! MOTIVATED SELLER!
Salon has 5 like new spa chairs, 5 manicure and 3 pedicure stations, nail drying station, hair styling area, a facial room, waxing room, hair washing sink and dryer, and much more. Nicely furnished and decorated throughout, the salon offers nail services (mani/pedi), waxing, facial, and other services.
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Property Features and Assets:
The salon has been serving the community for almost 7 years.This business has achieved 4 STARS on YELP!! Over the years the seller has built a solid business based on quality, professionalism, and always paying attention to detail. The company has developed a very good customer base, with many customers often referring others to the business and have been repeat clients themselves over and over again.
Market Competition and Expansion:
Demand for salon services has expanded over the past five years amid economic growth that boosted discretionary consumer spending on personal-care products and services. Demand for industry services is expected to continue rising over the five years to 2022 thanks to improving disposable income and declining unemployment. Adults between the ages of 20 and 64 are the largest source of demand for industry services, given their higher levels of disposable income. The size and income of this group is expected to increase this year, and such an expansion will typically boost industry revenue. San Diego is a growing community. The business has been successfully driven by word of mouth, walk-ins. It has strong potential to increase revenues by providing new offerings of additional products and services, hiring more people, advertising, optimizing its social media, and perhaps increasing prices.
Reason for Selling:
Family
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
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