Nail Salon & Spa for sale (reduced price)

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Asking Price:
$116,000

Gross Revenue:
$315,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

Reduced price for quick sale. Prime location Nail salon & Spa in the busy and continue developing area of Waldorf, Maryland that have variety of businesses with new homes continue to build around this area and new businesses continue to come in, some are big retailer like Best Buy, Sam's Club, Burlington Factory....etc, that established here and draw crowd daily, especially, in the weekends. Great potential for new owner if utilized the power of online marketing and social media promotion to get more clienteles as current owner did not do it. For more details and to schedule the showing of the salon, please, complete the attached NDA (Non-Disclosure) form and return to me before I response to your inquiry. Thank you.

About the Business

Year Established:
2013
Number of Employees:
6
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,706
Rent:
$2.50 Per Month
Lease Expiration:
10/31/2023
Facilities:
The salon has 15 Nail tables, 15 Spa chairs, 2 massage rooms, 4 Waxing chairs, 2 Facial rooms, 1 VIP Spa room, 1 Body Spa Scrub room, 1 storage room, 1 breakroom, washer/dryer installed and plenty of displays with Spa supply's items.
Market Outlook/
Competition:
There are 2 other Nail salons in the area, but they are much smaller in size and capacity. Have no effect on business of this salon as it has it's own high end clienteles that wanted more than just the set of new nail or pedicure. A massage or a body spa sea-salt scrubbing perhaps after the set of new nails and pedicure and that's available here in this salon.
Growth & Expansion:
Current owner has not tapped into the power of social media and online marketing and the salon has done fine with it's own established clienteles. Great potential for growth of business revenue and clientele as when new owner utilizes online marketing and social media promotion for services in the salon to get more customers, clients.
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About the Sale

Reason For Selling:
Family reason.
Training/Support:
Owner can stay to assist up to 2 weeks after settlement if requested by Buyer.

Listing Info

ID:
1552560
Ad Detail Views:
1326

Attached Files Attachment Disclaimer

  Non Disclosure Agreement (91 KB)
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Business Listed by

Tony Nguyen

Cardinal Realty Partners

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