Seller's Contact Information
- RE: Prosperous Nail Salon & Spa Services
- Contact: MICHAEL MICHAEL BUSH
Quick Facts
Asking Price: | $370,000 | |
Annual Revenue: | $691,367 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $148,204 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 17 | |
BBN Listing #: | 1084630 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Established Nail Salon and Spa Services in its current location in 2014. The seller bought and refurbished the business in February 2022. Trained employees in place, some with 5-7 years at this location. 14 Nail Techs. 3 Front Desk Operations Personnel. 1 Cleaning Person. 1 working Owner/Operator. Nail Techs are commissioned, employees. Updated Salon with new FF&E. Great location with ample parking in solid demographics. Room to expand for more Nail Techs and Spa Services. Raving Social Media Reviews and excellent presence on Social Media. Open 7 days a week with reasonable hours of operation and Key Personnel in place to assist in opening, closing, and daily operations. Front Desks Personnel handle scheduling to allow Nail Techs to focus on customers. Consistent repeat customers and new 'walk-ins' on a daily basis. Please refer to listing number 0101107480, business broker Michael Bush when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $5,240;Square Footage: 1,400;Building Type: Strip Center; Terms & Options: 1@ 5 Years;Expiration Date: 3/1/2025.
Market Competition and Expansion:
Non Compete: Miles: 20 Years: 2
Reason for Selling:
20 Years in Same Business & Wants To Do Something.
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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