Well Established Nail Salon

Palm Beach County, FL
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Asking Price:$149,000
Gross Revenue:$429,676
EBITDA:$115,183
Established Year:2003
Cash Flow:$115,183
Rent:$7,800
FF&E:$120,000
BUSINESS DESCRIPTION

This 20 years established nail salon is located in a very dense retail plaza surrounded by a growing residential and commercial area. Salon has 18 nail stations, 10 pedicure chairs, separate waxing room, washer/dryer, kitchen, and deluxe waiting area. Over $120K of equipment and leasehold improvements. Three full time nail techs work on 60/40 commission split along with two owner-operators. Long term lease in place thru 2034 with exclusivity for nail salons. Both owners would stay to work for buyer with a 60/40 commission split. Advertised financials assume one working owner in the salon. At least $5,000 of supplies also conveys with the business. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.


DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
01/04/2034
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
30 days
Reason for Selling
other business interests
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