Asset Sale Description
ASSET SALE - Established Nail Salon in Prime DC Location
This asset sale offers a rare opportunity to acquire a highly profitable nail salon established in 2005 in one of DC's most desirable neighborhoods. The business has built an exceptional reputation with a loyal, high-profile clientele and generates strong annual revenues of $800,000.
FINANCIAL PERFORMANCE
• Annual gross revenue: $800,000
• Strong profit margins with growth opportunities
• Stable revenue supported by devoted client base
• Healthy financial performance in competitive market
PREMIUM FACILITY & EQUIPMENT
• Well-appointed 1,700 square foot salon space
• 12 professional manicure tables
• 12 luxury pedicure chairs
• 2 hair salon stations with experienced hairdresser
• 2 private facial rooms with 1 facial bed
• Exclusive VIP lounge for premium services
• Well-maintained equipment throughout
FAVORABLE LEASE TERMS
• Nearly 9 years remaining on current lease
• Monthly base rent: $8,216
• Annual rent increase: 3%
• Monthly NNN charges: $1,500
• Secure tenancy in prime retail location
EXPERIENCED TEAM & TRANSITION SUPPORT
• 7 full-time nail technicians with 7+ years experience
• 1 skilled hairdresser
• Owner with extensive industry expertise
• Current owner will remain as technician during transition
• Comprehensive support for smooth ownership transfer
• Established systems and procedures in place
REASON FOR SALE
Owner wishes to scale back from management responsibilities while continuing to serve clients, creating an ideal opportunity for new ownership.
This turnkey operation represents an exceptional investment opportunity with established revenue streams, experienced staff, and significant growth potential in Washington DC's competitive beauty market.
Asking Price: $395,000
This asset sale offers a rare opportunity to acquire a highly profitable nail salon established in 2005 in one of DC's most desirable neighborhoods. The business has built an exceptional reputation with a loyal, high-profile clientele and generates strong annual revenues of $800,000.
FINANCIAL PERFORMANCE
• Annual gross revenue: $800,000
• Strong profit margins with growth opportunities
• Stable revenue supported by devoted client base
• Healthy financial performance in competitive market
PREMIUM FACILITY & EQUIPMENT
• Well-appointed 1,700 square foot salon space
• 12 professional manicure tables
• 12 luxury pedicure chairs
• 2 hair salon stations with experienced hairdresser
• 2 private facial rooms with 1 facial bed
• Exclusive VIP lounge for premium services
• Well-maintained equipment throughout
FAVORABLE LEASE TERMS
• Nearly 9 years remaining on current lease
• Monthly base rent: $8,216
• Annual rent increase: 3%
• Monthly NNN charges: $1,500
• Secure tenancy in prime retail location
EXPERIENCED TEAM & TRANSITION SUPPORT
• 7 full-time nail technicians with 7+ years experience
• 1 skilled hairdresser
• Owner with extensive industry expertise
• Current owner will remain as technician during transition
• Comprehensive support for smooth ownership transfer
• Established systems and procedures in place
REASON FOR SALE
Owner wishes to scale back from management responsibilities while continuing to serve clients, creating an ideal opportunity for new ownership.
This turnkey operation represents an exceptional investment opportunity with established revenue streams, experienced staff, and significant growth potential in Washington DC's competitive beauty market.
Asking Price: $395,000
Detailed Information
- Years in Operation
- 20
- Facilities & Assets
- This nail salon stands as a reputable and profitable establishment, with a legacy spanning more than two decades of continuous service. It is especially popular among affluent residents from the surrounding neighborhood, who make up the core of its loyal clientele.
About the Sale
- Transition Support
- The team includes 7 full-time technician, 1 hairdresser and the Owner, each with over 7 years of experience in the industry. The current owner is committed to supporting a smooth transition by remaining as a nail technician and assisting the new owner. The salon has built a reputation for exceptional service, reflected in its loyal and high-profile client base.
- Seller Motivation
- Owner enjoys servicing her clients and wants to scale back from managing.
Listing Info
- ID
- 2400801
- Listing Views
- 125
Listing ID: 2400801 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. See our full Terms of Use. Learn how to avoid scams.
