Seller's Contact Information
- RE: Semi-Absentee Owned Esthetics Bar - SC2178
- Contact: Adriana Sargent
- License #: 1003039
Business Overview:
Semi-Absentee Owned Nevada Based Esthetics Bar - Great Price! SC2178
This Northern Nevada based Esthetics Bar is a boutique beauty hub providing the highest quality services in a serene space to relax and unwind. They have a concept where licensed professionals provide services including Lash Extensions, Lash Lift and Tint, Brow Lamination, Facial Waxing, Full Body Waxing, Skincare, Facials, Gel Nails, Nail Art and much more! There are currently six nail technicians and one esthetician using the space. Rent is charged weekly. This open and airy space includes six nail stations, one pedicure chair, and a large retail unit and reception desk. There are five semi-private suites, with three having built-in wall cabinets and two having freestanding storage. There are two additional rooms that could be converted into additional suites. They are a Nevada Limited Liability Company and was formed seven years ago and has been under current ownership for the last year.
Property Features and Assets:
Business Location
City: Reno
State: Nevada
Detailed information
Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: 1
Contractors: N/A
Owner Worked Hours/week: 10
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $9,000
Monthly Rent: $5,597
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 3049
FF&E Included?: Yes
FF&E Value: $32,000
Market Competition and Expansion:
Market Outlook/Competition
The global professional beauty services market was valued at $211.5 Billion in 2021, and is projected to reach $348.4 Billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031. Professional beauty services market offers cosmetic treatments for both women and men. The industry includes various sub-segments such as hair salons, nail salons, skincare treatments and merchandise sales.
Training/Support
The Seller is willing to provide training at 5 hours per week for 4 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Reason for Selling:
The reason for selling is Seller would like to pursue other interests.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
Relevant Links:
Listing Update!
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