Nail salon for sale in Sierra Madre city.

Asking Price$180,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$269,500

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Nail salon for sale in Sierra Madre city.


Asking Price$180,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$269,500

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Prime location, in affluent community. It sits in the most sought after destination in town. This bright inviting nail salon was the first one to open in the city (2006), and was remodeled by current owner in 2023. The Bldg. size is 1,400 SF, rent is $3,253/MO (long lease available), gross annual sales are $269,500 and the annual net income is $136,498as per seller statement. The venue is tastefully designed and equipped. Has 5 manicure stations, with room for 2 more, 7 spa chairs, 2 private rooms for wax and facial, has a hand washing basin and hot water, separate room with a washer and dryer that is also used as a kitchenette with a refrigerator, a microwave, a toaster, coffee machine, small table and chairs, 16 cameras,3 TV's screens 2 shop's entrances front and back and ample parking spaces. Adding eye lashes semi-permanent tattoo, eyebrow threading, make-ups and spa services, will immediately boost sales. New buyer will benefit from the centralized location of the city (between Pasadena, Arcadia and Monrovia), the low overhead, high profit margin, the efficient operation already in place in addition to the loyal, repeat clientele. The consistency of the cash flow and great social media reviews highlight its great reputation and customers’ satisfaction. This turn-key business, with clean books, is a rare opportunity for an owner operator, or an investor who wants to be a part of the growing beauty industry to step in and continue generating steady and recurring revenue. Business opens 6 days Tuesday-Saturday from 9:00 am- 6:00 pm and Sunday From 10;00 am to 4;00 pm. All equipment, furniture and fixtures are included in the sale. Ownership transition, support and training are also included to insure a smooth handover. Act fast this opportunity will not last long. Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
About the Business
Years in Operation
20
Employees
5 Part-time
Facilities & Assets
Shop size is 1,400 Sf. Was completely remodeled in 2023 by current owner. nicely equipped and furnished. Has 5 manicure stations and 7 pedicure chairs. Current seller has a 5 years lease at 3,253/MO starting 2023 plus 5 years option and has ample parking spaces.
Market Outlook / Competition
The business is in a prime location in an upscale community. It was the first nail salon to open in the city. Has gained a great reputation over the years and is continuing to be the best one as far as stability of growing income and customers' satisfaction.
Opportunities for Growth
There is a great potential to grow by adding 2 more manicure station , extending days and business hours, adding eye lashes, semi-permanent tattoo, eyebrow threading, make-ups, spa services.
About the Sale
Seller Motivation
To take care of her 2 kids.
Transition Support
Ownership transition, support and training are included to secure a smooth handover.
Listing Info
ID
2506866
Listing Views
160

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Business Listed by: Michael Raad Berkshire Hathaway golden realty

Listing ID: 2506866 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.