Hair & Nail Salon In Southwest Las Vegas For Sale

Business description

This is a profitable, turn-key, 4-year-old hair and nail salon in a great SW location. Has loads of potential for increasing sales and income, per the seller. Seller currently earns $37,000 annual income. And this is with only 1 hair stylist (seller) and 2 manicurists. And there is room for 4 hair stylists and 12 manicurists. Plus seller currently does not sell hair products or other beauty and skin care products, so adding these would provide additional income. Seller is very open to staying on as one of the hair stylists, and the 2 manicurists will stay as well. Another potential source of income would be adding facials and waxing services. Seller does provide these services but has not promoted them and does only very minimal business on these. Seller spent $150,000 four years ago in build-outs and furniture, fixtures and equipment. So this is a great situation for someone who is considering doing their own build-out for only a fraction of the cost. Seller is very motivated as she is worn out from working 7 days a week and also needs money for daughter's wedding.

Property information

Real Estate:

Lease

Location:

Leased location of 1,500 square feet with a total rent of $3,362. Seller is active in business with 2 full time employees. $50,000 Leasehold Improvements.

Size in square feet:

1,500

Other information

Support & training:

1 week

Reasons for selling:

Worn out from working 7 days/wk

Trading hours:

9:30-7 Mon-Fri; 9:30-6 Sat; 11-5 Sun

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$3,000 (included in the asking price)