Upscale & Profitable Nail & Beauty Spa For Sale

Business description

This is a one of a kind Nail and Beauty Salon - done in the Rodeo Drive style of elegance. There are other nail and beauty salons around the immediate area, what area is that not true of, but there are none that are as comfortable, elegant, and as professional as this one. It also has an outstanding location with high visibility and walk by traffic. There are 6 nail stations, 6 pedicure spas, a skin and beauty room, and an additional room for expansion - permanent make-up, tanning, or massage. There are currently 4 stylists who are Independent Contractors who receive 40% commission. The owner is selling due to having to spend more time with her children and family. This is a tremendous opportunity for the owner operator.

Property information

Real Estate:

Lease

Lease terms:

This is a one of a kind Nail and Beauty Salon - done in the Rodeo Drive style of elegance. The is over 1500 sq ft with 6 nail stations, 6 pedicure spas, a room for skin and beauty care, and an additional room to be rented out by the new owner - perhaps for massage or tanning. The base monthly rent is $3,626 plus NNN of $691. The Lease runs till 12/31/2010 and has a 5 year option to extend.

Location:

The spa is located in one of the most prime locations in Mill Creek with high visibility and lots of walk by traffic

Other information

Expansion potential:

The current owner works only 30 hours per week at the best due to her commitment to her children and family, which is the reason she is selling. The new owner could add more stylists - there are currently only 4 and there are 6 stations. The new owner can add additional services- like massage, permanent make-up, tanning or ... The sky is the limit.

Competition / Market:

There are other nail and beauty salons around the immediate area, what area is that not true of, but there are none that are as comfortable, elegant, and as professional as this one. It also has an outstanding location with high visibility and walk by traffic.

Support & training:

The Seller will provide one week of on site training, if needed, by the new Buyer.

Reasons for selling:

The Seller needs to spend more time with her new babies

Trading hours:

9:30 AM - 7 PM (Mon - Sat) 11AM - 5 PM (Sun)

Financing available:

Cash or Bank Financing

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$1,000