Successful Nail Salon For Sale - Semi Absentee

Neptune, NJ (Monmouth County)

Seller Financing Available
Successful Nail Salon For Sale - Semi Absentee
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Asking Price: Get Financing: $249,000

Cash Flow: $150,000

Gross Revenue: $430,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2016

Successful Nail Salon For Sale - Semi Absentee

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Business Description

Upscale Salon and Spa

The sale involves a highly successful nail spa and waxing business that has been in operation for over 1.5 years. The salon has been deigned from the ground up to handle the thriving community which it serves. Located in the heart of a 300+ luxury apartment community, and also within a very busy industrial park, 1000+ potential customers live and work within walking distance to this location. The salon is also located on a main artery which feeds Rt. 66 and both North & South bound Garden State Parkway commuters and travelers. Located within 0.25 miles of the salon are multi big box stores like Restaurant Depot, Home Depot, and Walmart to name a few. Two hotels (Marriot, Hampton) within walking distance, as well as the every so popular, Jersey Shore Outlets just across the road, along with the United Methodist Church and the Asbury Park Press. Within 10 mins drive is the Jersey Shore/Meridian Hospital, in which many employees are regular clients.

The leased space of the business is 1331 SF . The lease runs thru September, 2023 with two options for possible extension.
This business offers the following services; Manicures-from regular to deluxe; prices range from $13.00 to $30.00 along with nail enhancement options that range from $30.00-$65.00. Pedicures-from regular to deluxe; prices range from $27.00 to $65.00. Full Service Waxing-Base prices range from $10.00-$150.00 and varies depending on complexity.

Also has the potential to be ran completely absentee.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,331
Lease Expiration:
9/13/2023
Employees:
8
Facilities:
See Summary
Competition:
See Summary
Growth & Expansion:
The business can grow and reach more potential clients by offering massage, facials and by selling products. The salon has never been advertised, so a marketing strategy would also increase the amount of traffic brought to the business.
Support & Training:
30+ Days
Reason for Selling:
Other business venture
Business Website:
http://www.lucentnails.com
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Business Location


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Business Listed By:
Steven Prior

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