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Business for Sale Summary

Fabulous Nail Salon - 35011

Business Type: health/beauty/nutrition supply,misc. service/non-classifiable,other personal services,seller financing available,nail salons
Owner Financing
Fabulous Nail Salon
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This business has received 16 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $299,000
Gross Revenues $404,423 Lease Remaining Register Free to View
Owner’s Cash Flow $199,261 Number of FT Employees Register Free to View

Financing

$299,000 Down and Possible for a well-qualified buyer with experience, collateral and a PG.

Business Description

Fabulous Nail Salon. Major Price Reduction! Established for 10 years, this is THE place. They offer top of the line products and service. It is in a densely populated area of Nassau County on a major roadway. It is beautifully decorated and spotless. A new ventilation system was recently installed. You do not have to spend a penny to update. This is a spacious 2,200 sf. space that primarily offers manicures, pedicures and waxing. They have 8 manicure stations, 10 pedicure stations and an additional 3 rooms for waxing, massage and an office. You can easily add hair-wash/blow-outs, facials and spray tans. In the past year the business grossed approx. $404,423.00 with a cash flow of approx. $199,261.00. The overhead is very low with a rent of only $2,500/mth and 10 years remaining on the current lease, plus a full basement. In fact, there is a sub-leased space that brings in another $500/mth in rent. There is a full staff in place with 6 full-time and 1 part-time employees. The owner is willing to say on for several weeks or months for a smooth transition. She is also willing to offer seller financing to a well-qualified buyer. We are seeking a serious and financially qualified buyer with at least $245K in liquid funds plus additional funds for the inventory and working capital. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.