High Volume Nail Salon - Absentee Run - 27615 Business Type: health/beauty/nutrition supply,misc. retail/non-classifiable,hair salon/ barber shop,nail salons,spa / dayspa / skin care,absentee business,owner financing available
Acted as the Advisor to the Deal
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.
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