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Listed by:

Sunbelt of Sacramento

Semi-absentee Owned Esthetics Salon In Reno For Sale

Reno, Nevada, US
Asking Price:
$35,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

This Reno based esthetics salon is a boutique beauty hub providing high quality services in a serene space to relax and unwind. 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 and includes furnishings, equipment, and supplies. 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.

The Company was formed seven years ago and has been under current ownership for the last year. This business advertises online and has a good social media presence. Growth can be obtained by stronger marketing and increasing efforts in social media. Getting more tenants into the space is key for growth in this location and has proven success in previous years.
Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $5,597.00
Owner worked hours per week: 10
Market 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.

Property Information

Size in square feet:
3,049

Business Operation

Reasons for selling:

The reason for selling is Seller would like to pursue other interests.

Employees:
Part Time: 1
Years established:
7

Other Information

Support & training:

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.

Financing available:

Downpayment Required: $35,000.00

Furniture / Fixtures value:
$32,000 - included in the asking price
Inventory / Stock value:
$9,000 - included in the asking price