Price Drop! Outstanding Nail Salon

Not Disclosed, NC
Mecklenburg County


Asking Price: Annual Revenue:
$25,000 $286,217

Services: Hair, Nails, Spas, Tanning


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RE: Price Drop! Outstanding Nail Salon Broker: Greg Barnes

Quick Facts

Asking Price: $25,000
Annual Revenue: $286,217
Net Profit: Not Disclosed
Cash Flow: $74,166
Total Debt: Not Disclosed
FF&E: $14,785
Real Estate: Not Disclosed
Year Established: 2017
Employees: 5
BBN Listing #: 203849300
Broker Reference #: 14341-320274

Email or Print Listing

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Business Overview:

This represents a wonderful opportunity for someone looking to start their own first salon or expand their own existing concept into one of the most populated and desirable areas to live in the country.

The business enjoys 90% repeat business; excellent online reviews; and a client base built up over 5 years which is when the salon first opened. The business offers a number of additional spa services, which are popular with regular clientele. For family reasons, the owner has reluctantly decided to sell. Therefore, this is truly a turnkey operation for a minimal investment outlay.

While the business was naturally affected in 2020 due to COVID-19, gross sales still reached $312,756, approximately 90% of its usual annual revenue. Given its location, smaller, intimate setting, and low overheads compared to larger and noisier salons, the business was well-positioned to recover and continue to thrive in the future.

Business Highlights
• Located in one of the most populated and desirable cities in the country
• Excellent online reputation (4+ star reviews) for its consistent, high-quality services.
• Strong, loyal customer base due to the wide range of spa services offered.
• 80% of clients enjoy more than one service per visit providing a high average receipt price.
• Turnkey operation with the minimum initial investment required

Very little competition in the area

The expansion of digital marketing will greatly increase gross revenue.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Relocation

Additional Details:

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

Relevant Links:

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