First Class Nail Salon With Hair A+ Location
Location California,United States
Asking Price Range < $250K
Gross Revenues $323126
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 6 - 9
Inventory 150000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This nail studio for sale with hair styling stations and additional complementary services offerings truly is a first class operation located in a first class shopping complex. With several pedicure stations, nail stations, hair styling stations and a personal care room, this new facility has quickly become the leading nail and hair facility in the area, and provides a new owner many options for expansion and increased profitability.
Asking Price $69,500.
This 1,110 sq. ft. facility leases for $5,110 per month on a lease valid until June 2010, and one-five year option (both with 5% annual increases). The facility is ideally located with excellent street visibility, extremely high traffic neighbors (catering to the same demographic the salon serves), and a built-in client base that ensures a base level of steady business. All of the equipment, which was part of the seller's $150,000+ investment, is fully owned and will be included in the sale.
While there are other ''mom and pop'' style businesses that offer similar services, this professionally run operation offers top of the line equipment, and a flagship style location with a built in customer base and excellent freeway access. New owners will simply seek to fill all of the available nail and foot care stations, while capitalizing on the plentiful retail space and the service provider room (that could be used for massage, facials, waxing, etc.). A working owner that is a service providers (e.g. a hair stylist or an esthetician) could truly hit a home run by capitalizing on the salon's already well-established customer base visiting for nail care services.
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