Newly Renovated Profitable Starter Nail Salon in Passaic, NJ
Passaic, NJ
| Asking Price: | $85,000 |
| Gross Revenue: | $300,000 |
| Rent: | $2,500/Month |
| FF&E: | $30,000 |
| Cash Flow: | $84,000 |
| Inventory: | $5,000 |
| EBITDA: | $84,000 |
| Established Year: | 2022 |
Listing ID: 2290128Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable Starter 10 tables, 4 chairs and Waxing room in Passaic NJ
Turnkey nail salon business for sale in the bustling heart of Passaic, NJ. This well-established salon features 10 tables, 4 chairs, and a dedicated team of 5 experienced employees who will remain with the business. With an estimated annual revenue of $300K, this opportunity offers strong profitability and growth potential. Perfect for new or seasoned entrepreneurs looking to invest in a thriving beauty , or nail salon business.
DETAILED INFORMATION
Location
Passaic, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
950
Lease Expiration
01/10/2028
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All chairs, tables and equipment will be staying and included in the price of the sale, along with 5 employees. All employees are 60/40 splits, except One employees who is getting pay 70% to managed the store for owner.
Competition
Other nail salons business near by are much older, this is a newly renovated nail salons
Growth & Expansion
Pro - Opportunity to add additional beauty services, with the right marketing you can bring more clients to the business.
Financing
Prefer Cash
Support & Training
Please note in order to be an owner of a nail salon you need to have a license of 3 years. Training and support of licensing can be negotiable with the current owner.
Reason for Selling
Owner wants to liquidate their business to invest else where, they already bough
BUSINESS LOCATION
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