Profitable, long time Nail salon in Trader Joe's center for sale.
Asking Price: | $350,000 |
Gross Revenue: | $720,000 |
Established Year: | 2004 |
Cash Flow: | $155,000 |
Rent: | $8,500/Month |
Profitable Nail salon in busy Trader Joe's center, San Diego, California
An excellent opportunity to acquire a thriving nail salon located in a bustling shopping center in San Diego, home to Trader Joe's shopping center. With decades of successful operation, this salon has a loyal customer base and a team of 12 experienced employees plus the owner.
Business Highlights:
Location: Prime spot within a major shopping center
Lease Terms: 5-year lease with renewal options based on buyer's qualifications
Rent: $8,500/month (including CAM)
Space: Approximately 1,900 sq ft
Revenue: Average $60,000/month
Salon Features:
22 spa chairs
5 nail tables
1 facial room
2 bathrooms (1 can be converted into a waxing room)
Lunch room
Financials:
Seller will provide computer reports and credit card statements for income verification.
Tax returns and P&Ls will NOT be provided.
Buyer Requirements:
Landlord approval is required for lease transfer; therefore, buyers must have experience as a nail technician or currently own a nail salon.
Cash offers only; No seller financing or SBA loans.
This salon benefits from high foot traffic and visibility in a prime retail area.
Serious cash buyers with relevant experience as a nail technician or current nail salon owners only.
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