Established Busy Nail Salon with High Net
Location: California > Los Angeles County
Industry: Hair and Beauty > Other Hair and Beauty
Financials
Asking Price: $285,000
Gross Revenue: $456,000
Cash Flow: $120,000
Seller Financing: Owner willing to carry up to 30% for 24 months.
Business Summary
Busy nail salon located in a new retail center next to the freeway that includes 24 hour fitness, Starbucks, Lowes, and Target. Open all 7 days with services including manicures, pedicures, facial, and waxing. There are 9 pedicure spas and 8 nail stations. The set up is very clean and high class looking with nice furniture and flat screen TV for clients to use. The busiest days for the salon are Thursday to Sunday, busiest months are April to September. 35 percent of the business is done through credit card payment, the rest is cash. Additional income comes from the ATM machine generating about $300 extra income per month. The seller is willing to carry up to 30% of the purchase price over 24 months. They are on a 1,200 sq. ft. space with a monthly rent of $4,300.00. The lease currently has 2 years remaining with one 5 year option.

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Listing Tools
BizQuest ID:920769
Seller ID:540908-DL
Business Listed By
Name:David Lu
Company:POWER BUSINESS SOLUTION
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.