Profitable Nail Salon in Silver Spring, MD-2000 sq. ft.

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Asking Price:
$145,000

Gross Revenue:
$352,625
Cash Flow:
$86,263
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
not included in asking price

FF&E:
$100,000
included in asking price

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Business Description

Profitable Nail Salon with recent build-out added more space for a total of 2000 square feet. Rent for combined 2 spaces at $5,400. 4 Hair Stations added, 8 Nail Stations, 4 Pedicure, 2 Shampoo & Treatment, 2 Bathrooms, 1 Storage & Breakroom. 2 more rooms for Massage or Aesthetics. Unique Clientele Base** Must see!!

About the Business

Location:
Rockville, Maryland
Year Established:
2000
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$5,600.00 Per Month
Facilities:
This business was bought 3 years ago from another owner.
Growth & Expansion:
Owner completed build-out and added approximately 1000sq. ft. This now allows for additional 4 Hair Stations, 1 more bathroom, and private rooms for other services.
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About the Sale

Reason For Selling:
owner moving
Training/Support:
2 weeks

Listing Info

ID:
1279366
Ad Detail Views:
1682

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Business Listed by

Michael Konstantopoulos

Transworld Business Advisors of Chevy Chase

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Sponsoring Broker:

Erik Woodworth, CFA
Transworld Business Advisors of Chevy Chase


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