MergerPlace

Amazing Nail Salon in Central Palm Beach

Florida (Palm Beach)


  • Asking Price: $75,000
  • Gross Income: $103,879
  • Cash Flow: $35,983
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $12,950
  • Listing ID: #226722
  • Established: 2013
  • Employees: 1 FT/1 PT

Business Description

The owner is retiring after being in the industry for thirty years and having run this salon successfully for the past eight years.This is an 8-year old nail salon at the same incredible location in the heart of upscale Palm Beach. They offer manicures, pedicures, waxes and facials. They have a huge customer following and base their business on excellent service and personal referrals. May qualify for Visa! Hurry as this one will not last!


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Florida
County: Palm Beach

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/1 PT

Financial Information

Asking Price: $75,000
Gross Revenue: $103,879
Cash Flow: $35,983
FF&E: $12,950
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

This profitable nail/wax/facials salon is located in a well-kept commercial plaza along one of the most traveled North-South roadways of Palm Beach county. The facility is newly remodeled and is surrounded by upscale condos, homes, hotels and timeshares. The business has five nail stations, four pedicure stations, a separate room for facials and feet treatment, etc.

Growth & expansion opportunities:

Great potential for growth by advertising in the social media. Also EDDM mailers can be distributed through out the neighborhood and the surrounding businesses to increase foot traffic. A new owner can also consider to open seven days a week and increase the profits even higher. The buyer can increase the business by leaps and bounds if more technicians are added.

Competition:

No nail salons in the immediate vicinity. Although nail salons are high in demand in densely-populated areas like this, this salon stands out for excellent customer service and by virtue of the longevity in the same location has become the go-to place for manicures, pedicures, waxing and facials. The buyer can increase the business by leaps and bounds if more technicians are added.

Reason for selling:

The owner is retiring after being in the industry for thirty years and having run this salon successfully for the past eight years. This one will not last!

Support & Training:

Willing to train for 2 weeks @ $0 cost. Manicures, pedicures, waxes, feet treatment and facials - all performed by the friendliest and most professional staff.

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Business Listed By:

Anton Joro

Murphy Business Brokers