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This Business has been Sold!
Closing Date: 12/23/2015

Business for Sale Summary

High Volume Nail Salon - Absentee Run - 27615

Business Type: health/beauty/nutrition supply,misc. retail/non-classifiable,beauty salon/ barber shop,nail salons,spa / dayspa,best deals!,absentee business,new to market,seller financing available
Sold
High Volume Nail Salon - Absentee Run
On December 23rd 2015, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH, NJ, NY, PA, RI and VT
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $150,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $136,192 Number of FT Employees Register Free to View

Financing

$150,000 Down and $75K over 3 yrs. @ 5%. - NEGOTIABLE!

Business Description

High Volume Nail Salon - Absentee Run! ***PRICE REDUCTION*** NEGOTIABLE PRICE! One of the best deals I have seen this year. This store has been established for 18 years and was newly renovated just under 2 yrs. ago. You do not have to spend a penny to update. This is a spacious 3,400 sq. ft. store that primarily offers manicures, pedicures and waxing. They have over 10 manicure stations and 10 pedicure stations and an additional 6 rooms in the back for waxing, hair-wash/blow-outs, facials and spray tans. In the past year the business grossed approx. $500,000.00 (sales are 60% cc) with a cash flow of approx. $136,192.00. (Run Absentee). The owner rarely comes into the store at all. The staff is well trained and knows what to do. They have 9 years remaining on the lease. We are seeking serious and qualified buyers with at least $150K in liquid funds. If you meet the criteria, please call 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.