Reduced Asset Sale: Turnkey Buckhead Nail Salon in Prime Location

Atlanta, GA

Seller Financing Available

Asking Price:$60,000
Rent:$4,200/Month
Gross Revenue:$197,000
Established Year:1996
BUSINESS DESCRIPTION

Active Turnkey Nail Salon with Steady Clientele in Busy Shopping Plaza

**** ASSET SALE – Seller Open to All Reasonable & Best Offers, Including Seller Financing ****

**** Financials: This is being sold as an active, open, turnkey Asset Sale. We are not disclosing cash flow or providing a P&L.
**** The financials below will be provided upon request and with the completion of NDA:
1) Gross sales reports pulled from the nail salon's point of sale system

**** This is a turnkey, active, well established, open and operating nail salon with employees in place, ready for you to move in!

**** Location, Location, Location! Salon is located in an unbeatable, affluent location in the heart of Buckhead with easy access to I-75, I-85, GA-400, I-285 and major streets and popular attractions.

**** List price includes newly installed HVAC system, newly installed pedicure chairs, all FF&E, supplies, client contact information, vendor lists, intellectual property, and more!

**** Salon and Neighborhood Highlights:
* Previous years Gross Revenue: $222k(2019); $165k(2022); $197k(2023); $123k (YTD Q3 2024)
* $4.5k + investment in brand new pedicure chairs installed in December 2023
* $12k + investment in a brand new Trane HVAC Heating & Air Unit installed in August 2023
* Strong Client Base. Benefit from a steady stream of customers, with over 2,800 existing clients who trust our services.
* The salon boasts an impressive 4.4-star rating on Google, reflecting the trust and satisfaction built over decades.
* Decorative renovations completed in 2019
* 6 manicure stations and 6 pedicure stations, ensuring ample capacity to serve clients efficiently
* Recipient of a * Top Merchant Award for 2022-2023*, highlighting our commitment to exceptional service and customer satisfaction.
* Active online presence with a dedicated website and social media channels, plus an online booking system that simplifies client scheduling and enhances convenience.
* Current lease through November 2025 with the option to renew with a 5 year term.
* High volume shopping plaza with anchor retailers and several nearby residential areas that offer steady clientele and consistent flow of new walk-in customers.
* Gross revenues are consistently trending upward to pre-pandemic numbers with opportunities to add business lines for additional revenue growth
* Perfect opportunity for a Owner Operator or a Owner Investor looking for a turnkey operation.

**** This is more than a business; it's an opportunity to continue a legacy, to embrace a thriving enterprise with a strong foundation, and to be part of Buckhead's ever-evolving beauty landscape. Don't just own a salon; own a piece of history and the promise of a prosperous future. Your journey to success begins here.

Let's connect to learn more about this amazing opportunity! Great opportunity for an Owner Operator or Owner Investor.

**** Listed at $59,999 and Seller is Open to All Reasonable & Best Offers, Including Seller Financing****


DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
30/11/2025
Employees
4
Facilities
* Previous years Gross Revenue: $222k(2019); $165k(2022); $197k(2023); $123k (YTD Q3 2024) * $4.5k + investment in brand new pedicure chairs installed in December 2023 * $12k+ investment in a brand-new Trane HVAC Heating & Air Unit installed in August 2023 * Decorative renovations completed in 2019 * Current lease through November 2025 with the option to renew to a 5 year term * High volume shopping plaza with anchor retailers and nearby residential area **Gross revenues are back trending upward to pre-pandemic numbers
Competition
Lots of opportunities for growth through additional staff, service offerings and marketing.
Growth & Expansion
Lots of opportunities for growth and expansion through additional service offerings and through increased marketing efforts and staff. Gross revenues trending upward again to pre-pandemic numbers. $197k gross revenue in 2023.
Financing
Seller is Open to All Reasonable Seller Financing Options
Support & Training
1 week of training and support. Seller is happy to provide supplier and vendor lists and previous years' gross sales reports from the point of sale system.
Reason for Selling
Real Estate Projects.
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Nicole Ruffin
Nicole Ruffin