Glamorous Nail and Spa in High-End Neighborhood

South Miami, FL
Miami Dade County

Street retail


Asking Price: Annual Revenue:
$125,000 $407,107

Services: Hair, Nails, Spas, Tanning


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RE: Glamorous Nail and Spa in High-End Neighborhood Broker: Raquel Afriat
License #: 3310893

Quick Facts

Asking Price: $125,000
Annual Revenue: $407,107
Net Profit: Not Disclosed
Cash Flow: $43,807
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 13
BBN Listing #: 851955239
Broker Reference #: RA120134

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Business Overview:

Founded in 2019, this turn-key business has enormous potential for growth. Located in a high-end neighborhood serving residents from near by hospitals and University of Miami students. They are fully staffed with thirteen professionals. Apart from their various manicure and pedicure services, they have gift card sales, waxing and facial amenity, packages and specials, and membership options. They have a database and software in place for payroll and bookings. Marketing practices such as website, instagram and facebook. Built up website with excellent google reviews. Business may qualify for E-2 visa. P&L report for 2022 available to qualified buyers.

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Property Features and Assets:

Spacious and Modern Facility located across from one of the biggest hospitals in Miami and close to the University of Miami. Very strict with cleaning protocol. Decor is elegant and modern with cozy ambiance. Fully staffed experienced and long term employees with twelve full specialists, two receptionists, and one manager. It is equipped with a front desk area, pedicure and manicure chairs, washer and dryer, storage room, and camera security. Ample parking for both staff and customers. Opened 7 days a week.

Market Competition and Expansion:

This is the most high-class nail spa in the South Miami area. They have the best team of professionals that have been there for a long time. Competition is scarce as the aesthetic and professionalism they provide is outstanding. Profitable salon with absentee owner. The buyer will be getting the salon for a fraction of the original price. Invested a lot into the quality for the built out and decor. To expand the business you can add more services and products as well as enhancing the markerting procedures in place.

Reason for Selling:

Relocation

Additional Details:

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

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