High volume nail salon with lots of potential to grow revenues.

Offering nail, hair, skin care and retail sales.

Seller is willing to finance a portion of the sale so make an offer on this opportunity.

Category : Beauty/Personal Care SIC : 7231
Detail : Hair Salon/Day Spa Price : 135,000
County : Lee Down : 95,000
State/Prov : Florida Adj Net : 13,355
Country : USA Sales : 458,766
New High volume salon located in a very high traffic SW Florida shopping center/mall. Specializing in nails, hair, skin, make-up and many other services. This is a highly sought after location and build out is all brand new. The space utilizes 15 nail stations, 5 chairs for hair and a private room for skin care. All techs are commission based and there is a manager in place that can be replaced for additional income. Additional income for working owner (hair &/or nails) Financing available.
Reason for Sale : Contact Listing Agent
General Location : South West Florida
Organization Type : Limited Corporation Hours Owner Works: 40
Years Established : 1 Years Owned: 1 Emp FT: 16 Emp PT: 0 Mgrs: 1
Non Compete : Miles: 3 Years: 3 Weeks Training: 2 Cost: 0
Operating dys/hrs : M-F 10am – 8pm / Saturday 10am – 6pm
Skills/Licenses : Management
Business is : Relocatable: N Home Based: N Franchise: Y Lender P/Q: N
Data Source P/L Statement Part Year P/L Statement
Year (Cash Flow) 2010 (N) 2011 (N) 2010 (N)
Gross Revenue 458,766 291,191 458,766
Cost of Goods 63,408 30,787 63,408
Gross Profit 395,358 260,404 395,358
Expenses 435,019 272,935 435,019
Net -39,661 -12,531 -39,661
Owner Salary 26,150 19,550 26,150
Benefits 1,866 495 1,866
Interest Expense 0 0 0
Depreciation 25,000 0 0
Other 0 0 0
Owner Benefit 13,355 7,514 -11,645
Accounts Rec 0 N* Real Estate 0 N*
Inventory 0 N* ___________ 0 N*
F F & E 175,000 Y* Total Assets 209,000 Y*
Leasehold 34,000 Y* *Included?
Lease/Month: 3877.5 Square Footage: 1692 Building Type: Mall
Terms & Options: TBN Expiration Date: 8/31/2020
Loan/Assumable – Amt: 0 Mos: 0 Rate: 0.00 Mo Pmt: 0.00
Loan/Seller – Amt: 40,000 Mos: 48 Rate: 7.00 Mo Pmt: 957.85
Loan/Other – Amt: 0 Mos: 0 Rate: 0.00 Mo Pmt: 0.00

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com