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Painted Nail Bar Nail Salon For Sale

Burbank, California - South
Asking Price:
$120,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Modern Nail Salon

Everything has been newly updated and all products are new and full of supplies. You are more than welcome to come see the salon anytime, we are closed on Mondays so it would be best to come in on a Monday. To give you some info.....I am a real estate agent and my partner is a designer, we teamed up to build this salon and to market and collect customers in order to sell it. Everything in the salon is custom made and ordered.

The lease is a 5 year lease, rent is $2,440 per month. Neighbors are all good people.

We use an online booking source called Vagaro which collects customer data and info so we have records of customers. We currently have over 900 customers in our database. We currently have 4 nail techs, 1 of them will be going on maternity leave soon. We are looking to sell before the end of this year.

Monthly deposited income is appx $15K-$20K, business has been up since April 1, 2017 so we are brand new. We are very unique type of salon. Current listed selling rate is $150,000K.

Please let me know what other questions you have and whether you would like to meet at the salon.

Check our yelp reviews and instagram pages for more info.


Detailed Information
Inventory:Included in asking price
Real Estate:Leased
Building SF:880
Lease Expiration:2/1/2021
Employees:3
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:7 pedicure stations, 4 manicure stations, with a waxing room.
Competition:The only Boutique nail salon in the area we have an established customer base already.
Growth & Expansion:It is growing by the day, all customer information is saved for marketing purposes.Financing:we can lower price for cash offer
Support & Training:none; need to discuss
Reason for Selling:We built it and started it up to sell it can be molded your way. Looking to sell buy end of 2017. Price negotiable

Property information

Real Estate:

Lease

Lease Terms:

$2444.50 per month

Location:

4318 W Magnolia Blvd.
Burbank CA 91505

Premises Details:

Neighbors recording studios, same plaza as baskin robbins, tyler gym, farmers market.

Size in square feet:
880

Business Operation

Competition / Market:

boring

Reasons for selling:

Built to sell, prefer to sell by end of 2017

Trading hours:

Tuesday-Saturday 10am-7pm Sunday 11am-4pm

Employees:
3
Years established:
6 months

Contact Seller

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