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Nail Salon in Essex County

Essex County, NJ

Seller Financing Available
Nail Salon in Essex County
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Asking Price: $269,000

Cash Flow: $304,000

Gross Revenue: $545,000

EBITDA: $304,000

FF&E: $25,000

Inventory: $2,000

Rent: $0.00

Established: 2007

Nail Salon in Essex County

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Business Description

This well established (10 years) Nail Salon, located in a strip mall, is very profitable. The asking price which is well below what is typical of this type of business, reflects the seller's wish to sell soon so that she can move out of state. They offer the following services: nail, pedicure, waxing & microblading. The salon's decor is modern with new stations & pedicure chairs. Please contact TBC Business Brokers for more information at tbcpearl@aol.com

Detailed Information

Location:
Essex County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
11/30/2022
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Microblading, which is very profitable, has only recently been introduced. It is expected to significantly increase business in the near future. Seller does not advertise, does not have a website, and does not conduct social media campaigns. A new owner should employ these measures to increase business.
Financing:
Some seller financing available to qualified buyer
Support & Training:
Owner sill train and assist to ensure a smooth transition
Reason for Selling:
Moving out of state
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Philip Pearl, CPA

Business Listed By:
Philip Pearl

TBC Business Brokers

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