Large And Profitable Upscale Nail Salon

Oakland, CA (Alameda County)

Seller Financing Available
Large And Profitable Upscale Nail Salon
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Asking Price: $440,000

Cash Flow: N/A

Gross Revenue: $700,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $8,100 /Month

Established: 2014

Large And Profitable Upscale Nail Salon

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Business Description

Large And Profitable Upscale Nail Salon

Located in Oaklands fabulous Montclair Village this nail salon is equipped with over 2000 square feet, 15 chairs and stations, gorgeous design and decor, great location with great foot traffic and a steady busy stream of clients. Modern and upscale salon that is highly profitable and in an upper income area. Complete new build out and remodel. Currently ringing sizable gross yearly income and could easily be brought to the next level. Only nail salon in the area and the association does not allow for more to be opened.Turn key and ready so start to make money now!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
7/31/2024
Employees:
12
Facilities:
Great lease term with option and Triple Net. Located in a small business corridor with large street signage. The build out and remodel of this facility is done in a beautiful upscale design with a beautiful marble like finish and was updated just three years ago. A great get away for your beauty and spa day. Great parking, right in the heart of the downtown Montclair area, 2200 square feet, and busy foot traffic.
Competition:
This is the only nail salon of its kind and the only one in the village.
Growth & Expansion:
Currently running at a big profit margin just doing the bare minimum of promoting and marketing. Website and online booking could be added in addition to just basic advertising and profits would skyrocket!!
Financing:
Based on case by case basis
Support & Training:
Offered if needed
Reason for Selling:
Moving out of the area
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Cheryl Maloney

Business Listed By:
Cheryl Maloney

Vanguard Properties

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