High Profiting, Absentee Owner - Nail Salon in Gilroy, CA

Gilroy, CA
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Asking Price:$350,000
EBITDA:$114,000
Cash Flow:$114,000
Established Year:2006
BUSINESS DESCRIPTION

This is a fantastic high profiting, absentee-ran Nail Salon in a great plaza! The right owner-operator can easily increase profits by working at the store. Services nails, manicure, pedicures, & wax. Plentiful parking space.

Business Type: Nail Salon

Price: $350,000

City: Gilroy, CA

Annual Gross Sales: ~$568,000+

Net Income: ~$114,000

Size: 2,000 square feet

Rent with NNN/CAM: ~$5,640

Lease: Expires March 2025 (owner will renew then)

Financing: No SBA or seller financing available.

Established/ Owner since: 2006/2019

Sign NDA & contact for more detailed information.


DETAILED INFORMATION
Location
Gilroy, CA
Inventory
Not Included in asking price
Employees
9
Growth & Expansion
A full-time owner working 40 hours a week will increase profits substantially
Financing
No SBA or seller financing
Reason for Selling
Retirement
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Darren
Nguyen
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Darren Nguyen