Nail Salon – Full-Service, New York City

Price: $245,000

Location: New York, New York

Industry: Beauty and Personal Care

Listing ID: 09172021

This well-established, full-service upscale nail salon providing manicures, pedicures, gel nail services, and luxury spa treatment. This unique nail salon has a high-end loyal clientele base. This nail salon uses the most advanced technology and high-quality products. Located in a prime Upper West Side neighborhood, steps away from a subway stop, with nearby dining and shopping. The business operates in a 380 full sq ft. facility. This nail salon has management in place benefits from excellence in customer service. Seller will provide hands-on training to ensure a smooth transition.

• Asking Price: $245,000
• FF&E: $75,000 (included in price)*
• Annual Cash Flow: $155,000
• Gross Revenue: $385,000
• Inventory: $10,000 (included in price)*
• Employees: 5 FT
• Monthly Rent: $3,800
• Security Deposit: $7,600
• Payroll: $8,000
• Down Payment: Negotiable
• Open: 5 Days a week
• Building Size: 380 Sq Ft.
• Established: 2018

Gross Revenue: $385,000

Cash Flow: $155,000

FFE: $75,000

Inventory: $10,000

Reason for Sale:

Owner is seeking other interests.

Training & Support:

Owner will provide training and support.

Year Established: 2018

Days & Hours of Operation: 5 Days

Non-Owner Payroll: $8,000

Employees: 5 FT

Security on Lease: 7600

Monthly Rent: 3800

Type of Location: Single location.

Square Footage: 380

Potential Growth:

There is plenty of room for potential growth and expansion.