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- RE: Nail & Beauty Salon
- Contact: Greg Gradel
Quick Facts
Asking Price: | $1,429,000 | |
Annual Revenue: | $1,253,196 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $552,650 | |
Total Debt: | Not Disclosed | |
FF&E: | $49,260 | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | 21 | |
BBN Listing #: | 954054 | |
Broker Reference #: | 3410-18547 |
Business Overview:
Well established, highly profitable and thriving nail & beauty salon located on major highway in upscale strip center. Extensive client database from over 20 years in business with many repeat customers due to the experience, breath of services offered, and knowledgeable team.
Friendly staff, many with 25 years experience, in a modern and welcoming nail and spa environment.
Talented nail artists create trendy masterpieces, as well as professional eyebrow and eyelash services along with full makeup applications.
Finally, Detox, Recharge, and Refresh with spa manicures and pedicures in addition to traditional services.
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Property Features and Assets:
In this 2,200 square feet location with ample parking, extensively renovated less than 5 years ago, there are in addition to a back Kitchen for office staff, 2 rest rooms and storage facilities:
Assets - $159,145
- 20 nail stations
- 12 Pedicure stations
- 3 Eyelash room
Market Competition and Expansion:
Several smaller competitors in the area but none as large or with level of service as this business.
The nail industry has experienced tremendous growth in recent years, and the nail care market is expected to grow rapidly during the coming seven year period. Women are increasingly spending on self-care products to maintain their health and wellness, which has led to a rise in nail care product adoption.
The nail salon business is expected to grow at a compound annual growth rate (CAGR) of 8% from 2023 to 2030.
Reason for Selling:
Owner has other interests and is moving out of state.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:
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