Hair & Nail Salon
Location Las Vegas, Nevada, United States
Asking Price Range < $250K
Gross Revenues $156000
Net Profit / Cash Flow $37000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Inventory 103000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 1 week.
Reason for Sale Worn out from working 7 days / week.
Description This is a profitable, turn-key, 4-year-old hair and nail salon for sale in a great SW location. Has loads of potential for increasing sales and income, per the seller. Seller currently earns $37,000 annual income. And this is with only 1 hair stylist (seller) and 2 manicurists. And there is room for 4 hair stylists and 12 manicurists. Plus seller currently does not sell hair products or other beauty and skin care products, so adding these would provide additional income. Seller is very open to staying on as one of the hair stylists, and the 2 manicurists will stay as well. Another potential source of income would be adding facials and waxing services. Seller does provide these services but has not promoted them and does only very minimal business on these. Seller spent $150,000 four years ago in build-outs and furniture, fixtures and equipment. So this is a great situation for someone who is considering doing their own build-out for only a fraction of the cost. Seller is very motivated as she is worn out from working 7 days a week and also needs money for daughter's wedding.
Leased location of 1,500 square feet with a total rent of $3,362. Seller is active in business with 2 full time employees. $50,000 Leasehold Improvements. $3,000 Inventory and $100,000 Equipment and Fixtures Included. Will train for 1 week.
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