MergerPlace

Profitable Nail Salon on South Beach

Florida (Miami-Dade)


  • Asking Price: $199,000
  • Gross Income: $499,841
  • Cash Flow: $74,788
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $75,000
  • Listing ID: #219643
  • Established: 2010
  • Employees: 7 FT / 7 PT

Business Description

Reason For Sale: Relocation- Profitable Nail Salon on South Beach-Fully-equipped nail salon with 6 pedicure and 7 manicure stations + wax room in busy main road in Miami Beach. Salon is located in stand-alone building with on-site parking close to high-rise residential buildings within walking distance. Salon has serviced the community for 8+ years and boasts a long list of loyal clientele that live/work in the area. VISA OK- Owner Benefit $70k+. Perfect Books & Records. All Sales go into the bank.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT / 7 PT

Financial Information

Asking Price: $199,000
Gross Revenue: $499,841
Cash Flow: $74,788
FF&E: $75,000
Inventory: $8,000
Seller Financing Available: No

Property Information

Facilities:

Stand Alone Building with parking. Lease expires Oct 2020. Rent $6687/month for 1000 sq ft.

Reason for selling:

Relocating.

Support & Training:

Will train for 1 week @ no cost

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers