Cozy Nail Salon and Spa in Prime Location

Miami Beach, FL
Miami Dade County

Street retail


Asking Price: Annual Revenue:
$125,000 $594,988

Services: Hair, Nails, Spas, Tanning


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RE: Cozy Nail Salon and Spa in Prime Location Broker: Raquel Afriat
License #: 3310893

Quick Facts

Asking Price: $125,000
Annual Revenue: $594,988
Net Profit: Not Disclosed
Cash Flow: $119,575
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 11
BBN Listing #: 433655239
Broker Reference #: RA120133

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Business Overview:

Opened in 2010 and located in Miami Beach, this nail spa has proven to be both sustainable and profitable. They have built the business on a slow growth foundation to ensure dependable returns. Over the past 9 years, the business has attracted and retained loyal clients. They service both South Beach Locals and tourist which makes for a healthy and constant flow of customers throughout the various seasons. Their service ensures outstanding customer care and attention to every detail. Employee training and established service protocols maintain the highest standards. Their staff is well trained and act as knowledgable ambassadors for the salon brand. Booking is done with integrated sales software. Client information and sales reports are easy to access for qualified buyers. P&L report for 2022 available to qualified buyers.

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Property Features and Assets:

The facility has been designed and built for success. The layout provides efficient workspace, ample storage and showcase retail areas. They have installed state-of-the-art air ventlation system that exceeds Flordia State Healh standards. The décor is bright, uncluttered, spacious and clean. The equipment is maintained at like new standards. On site off-street parking is also provides for staff and clients. Equipment includes 10 new J&A pedi-chairs purchased in 2018. Fully automated on-line booking system and web booking software with active data base.

Market Competition and Expansion:

They have a winning client retention practice that their competition struggles to match. Their consistency of service and trained staff builds loyal clients. Tested and proven market niche. Professionally created and maintained marketing materials including web site, yelp, google and social media accounts included.

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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