Turnkey trendy nail salon in hot southwest area! 8 nail stations with 8 chairs. 4 nail tech 1099 workers (6 total including 2 Sellers) on 60% / 40% commission split (40% to salon). Approx $20K inventory includes nail polishes and gels. Newer equipment! POS tracks sales. 60-70% cash & 30-40% credit cards. No formal P&Ls or tax returns available. Gross Sales & Total Income projected for 12 months-based Seller's time of ownership. EMAIL NOW before it is gone!
- Asking Price:
- $159,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $300,000
- Cash Flow:
- $60,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
This is a leased location of 1,400 square feet with a Total monthly rent of $3,330. Lease ends 05/2027 with one (1), five (5) year option.
- Leasehold Rent:
-
$39,960 per annum
- Premises Details:
-
This is a leased location of 1,400 square feet with a Total monthly rent of $3,330. Lease ends 05/2027 with one (1), five (5) year option. Seller is active with 4 Contract employees. Hours of operation are 10 AM – 7 PM, Monday – Sunday. $25,000 in inventory and $160,000 in FF&E included in the asking price. $100,000 made in leasehold improvements. Cosmetology license required.
- Size in square feet:
- 1,400
Business Operation
- Reasons for selling:
-
Other business interests
- Trading hours:
-
10 A.M. - 7 P.M., Monday - Sunday
- Employees:
- 4 Contract
- Years established:
- 3
Other Information
- Support & training:
-
Fourteen (14) days
- Furniture / Fixtures value:
- $160,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price
- Business closed / Asset sale:
- Yes
