*Bundle(2)* Splendid Nail Salons in Prime Location

Miami, FL
Miami Dade County

Street retail


Asking Price: Annual Revenue:
$195,000 $1,002,095

Services: Hair, Nails, Spas, Tanning


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RE: *Bundle(2)* Splendid Nail Salons in Prime Location Broker: Raquel Afriat
License #: 3310893

Quick Facts

Asking Price: $195,000
Annual Revenue: $1,002,095
Net Profit: Not Disclosed
Cash Flow: $163,382
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 23
BBN Listing #: 38555239
Broker Reference #: RA120135

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Business Overview:

This is a bundle for two very reputable nail salons, located in strategic locations. Same owner for both. This gives you the opportunity to purchase both salons at a reduced price.

Miami Beach:
Opened in 2010 and located in Miami Beach, this nail spa has proven to be both sustainable and profitable. They 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 while ensuring outstanding customer care and attention to every detail.

South Miami:
Founded in 2019, this turn-key business has grown at a steady pace. Located in a high-end neighborhood, serving residents from nearby hospitals to 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.

P&L report for 2022 available to qualified buyers.

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Property Features and Assets:

Spacious and Modern Facilities located in two of the most high-end neighborhoods. Very strict with cleaning protocol. Decor is elegant and bright with uncluttered space. Fully staffed with experienced and long term employees including full specialists, receptionists, and one manager. 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:

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. 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 is not a franchise resale opportunity.

Relevant Links:

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