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Health & Personal Care

Nail Salon

Oakland County, MI, USA
Updated 1 day ago
Established 2016

This is a great opportunity to own a well-established Nail Salon Spa in Oakland County! Established in 2016, this 1,200 sq. ft. salon is located on a very busy intersection surrounded by plenty of residential and commercial properties along with major tenants to bring in lots of traffic. There are 6 manicure tables, 6 pedicure chairs. No expenses were spared in the build out of this salon! Services include Mani, Pedi, Acrylics, Gels, Dip, with options for walk-ins and appointments. All equipment is in excellent condition and well maintained! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding additional services, adding retail items, joining Chamber of Commerce, having community involvement and adding a loyalty program, you have HUGE potential. This is a turn-key operation only needing a new owner-operator. A must see/must have business. Seller will train and entertain all reasonable offers.

Rent

$5,600 Gross

Down Payment

$75,000

Lease Period

New Lease Required

Reference Code

0818

Inventory Value

$10,000

Monthly Payment

$2,350.23

License Required

Cosmetology

Hours Of Operation

Mon-Fri 9:30am-7:30pm / Sat 9:30am-6pm / Sun 12pm-5pm

Employees Full Time

5 (1099)

Interest Rate / Amortization

8% int., amortized over 36 months

Reason for Selling

Health/Retirement

Financials

Asking Price
$150K
RevenueMost Recent Year
$450K
Earnings (SDE)Last Reported
$100K
Assets Value
Undisclosed
Seller Financing
Not available

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