Hot Listing

Nail & Beauty Salon

Asking Price$1,429,000

Cash Flow
$552,650
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,253,196

Inventory$20,000
Included in asking price
FF&E$49,260
Included in asking price
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Hot Listing

Nail & Beauty Salon


Asking Price$1,429,000

Cash Flow
$552,650
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,253,196

Inventory$20,000
Included in asking price
FF&E$49,260
Included in asking price
Business Description
Well established, highly profitable and thriving nail & beauty salon located on major highway in upscale strip center. Extensive client database from over 20 years in business with many repeat customers due to the experience, breath of services offered, and knowledgeable team.
Friendly staff, many with 25 years experience, in a modern and welcoming nail and spa environment.
Talented nail artists create trendy masterpieces, as well as professional eyebrow and eyelash services along with full makeup applications.
Finally, Detox, Recharge, and Refresh with spa manicures and pedicures in addition to traditional services.
About the Business
Years in Operation
22
Number of Employees
21
Facilities & Assets
In this 2,200 sf location with ample parking, extensively renovated less than 5 years ago, there are in addition to a back Kitchen for office staff, 2 rest rooms and storage facilities:

20 nail stations
12 Pedicure stations
3 Eyelash rooms
Market Outlook / Competition
Several smaller competitors in the area but none as large or with level of service as this business.
Opportunities for Growth
The nail industry has experienced tremendous growth in recent years, and the nail care market is expected to grow rapidly during the coming seven year period. Women are increasingly spending on self-care products to maintain their health and wellness, which has led to a rise in nail care product adoption.
The nail salon business is expected to grow at a compound annual growth rate (CAGR) of 8% from 2023 to 2030.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,205
About the Sale
Seller Motivation
Owner has other interests and is moving out of state.
Transition Support
Will train for 4 weeks @ $0 cost.
Financing Options
Lender pre-screened with $142,900 down.
Listing Info
ID
2284529
Listing Views
2784

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Business Listed by: Greg Gradel Murphy Business Sales of Monmouth

Listing ID: 2284529 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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