"For sale: High-profit nail salon in prime Manhattan location."

New York, NY
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Asking Price:$120,000
Gross Revenue:$400,000
Established Year:1992
Cash Flow:$111,000
Rent:$3,500/Month
BUSINESS DESCRIPTION

"For sale: A nail salon operated by the same owner for 32 years, located in the prime residential area of Manhattan where the average income of residents is exceptionally high. Substantial investment was made in 2020 for flooring and ventilation system upgrades, ensuring optimal conditions to provide top-notch service to clients. This presents an opportunity for experienced nail business operators to expand in the prime location of Manhattan, while also offering beginners a fantastic chance to start a promising venture with minimal costs and risks. Don't miss out on this excellent opportunity to step into the thriving nail salon industry in Manhattan's finest locale."

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"Are you considering selling your business? The Business Consulting Group of C Land Realty, a reputable regional business broker, excels in handling purchases and sales in NY, NJ, and GA, specializing in seamless business transactions. If you are a seller contemplating listing your business, feel free to reach out to us at 201-774-3555 or email us at skkim@clandrealty.com for a complimentary evaluation. We are constantly seeking new businesses to represent."


DETAILED INFORMATION
Location
New York, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Employees
8
Facilities
1 FL: 5 manicure stations, 5 pedicure stations. 2 FL: 1 Room dedicated to facials and massages.
Growth & Expansion
This business, which has not conducted any online or social media advertising, previously achieved sales of up to $900,000 annually before COVID-19 solely through regular customers in the vicinity. With proactive utilization of online and social media advertising by the new owner, significant profits can be anticipated.
Support & Training
The owner will provide training and assistance to facilitate smooth transactions.
Reason for Selling
Retirement
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Shawn
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Shawn kim