High Income. Nail salon/Beauty care

Asking Price$695,000

Cash Flow

EBITDA$288,700

Gross Revenue$1,380,000

Inventory$8,000
Not included in asking price
FF&E$480,000
Included in asking price
Real EstateNot Disclosed

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High Income. Nail salon/Beauty care


Asking Price$695,000

Cash Flow

EBITDA$288,700

Gross Revenue$1,380,000

Inventory$8,000
Not included in asking price
FF&E$480,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
100% absentee owner and manager operates. 92,000 plus clients after 10 years business.
Very low rent as $9500. Ample 3000sf. Easy parking nearby. 28 manicure,18 pedicure. 25 workers (full and parttime) Owner retires. Good income neighborhood.
For last 3 years, gross sales are around $1.4 million, and we will prove pure net income is roughly $270,000 per year in your pockets after all expenses.
Only for the qualified buyers financially, at least $450,000 down pay necessary. Landlord is not helping SBA loan or else. Net income will be proved after with the official offer and during contract.
About the Business
Years in Operation
11
Employees
25 (18 Full-time, 7 Part-time)
Facilities & Assets
500 plus colors, 2 waxing room, 2 full restroom, 28 tables and 16 pedicure chairs.
Art design interior and exterior.
Market Outlook / Competition
Not much.
Opportunities for Growth
Franchise locations with same management and computer system is possible when ready.
About the Sale
Seller Motivation
Retirement
Transition Support
We will hand over all accounts and equipment to the new owner smoothly.
Transitioning will be supported by owner in full scale.
Listing Info
ID
2501604
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Business Listed by: Leo NYNJ Business,LLC.

Listing ID: 2501604 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.


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