Cozy Nail Salon and Spa in Prime Location

Reputable and beautiful nail spa with over 5 years of success. The business has attracted and retained loyal clients. REDUCED FOR A QUICK SALE! Amazing deal!
Don't miss this great opportunity to buy a reputable full-service nail & hair salon and spa for a fraction of the price in high traffic Miami Beach hotspot, with repeat customers and lots of walk-ins.
This large, glamorous and well equipped salon offers a wide range of services as mani pedi, hair, massages, lashes, facials, hair, eyebrows, waxing, tattoos, etc.
All equipment is new with manicure and pedicure stations, one hair station and 2 spa rooms. Talented team and Owner is very motivated.

This business could qualify for E2 visa buyers.
This sale is confidential. Buyers must provide a proof of funds and biography prior to any meeting or relase of additional information

Down Payment: $150,000

Total Sales: $648,220

Cash Flow: $170,000

EBIT: N/A

EBITDA: $100,000

Accounts Receivable: N/A

FFE: $150,000

FFE Included: Yes

Inventory: N/A

Year Established: 2020

Days & Hours of Operation: 7 days a week Mon-Sat 10am-7pm Sun 12pm-7pm

Owner Hours Per Week: 5

Non-Owner Payroll: N/A

Employees: 10

Managers: 1

Lease Option: Renewable

Real Estate: N/A

Monthly Rent: 11000

Type of Location: Street retail

Square Footage: 2100

Franchise: No

Relocatable: No

Facilities Information:

Street retail - beautifully decorated, nice location and great visibility, close to hotels and to the beach. lots of walk-ins and tourists. 2 spa rooms for massage, facials. 6 to 9 pedicure chairs and 7 manicure stations 2 hair stations and 2 wash stations 2 hair bed spas large area for storage and office or can be used to extend the spa services.

Terms and Conditions?:

Strictly confidential, contact for showing.

Reason For Sale:

Relocation

Training & Support:

Smooth transition for 2 weeks at no cost. Great skilled team will stay after the sale, a new manager can be trained if the new owner needs a manager. there are 6 experienced employees and a receptionist on top of 3 family owners. Commission split with employees is 50 to 60%. The software used for the salon is Atsoft 123.

Historical Summary:

Opened in 2020 and located in Miami Beach, this nail/hair spa has proven to be both sustainable and profitable. They have built the business on a slow growth foundation to ensure dependable returns.

Owner Qualifications:

Management skills required.

Competition:

They have a winning client retention practice that their competition struggles to match. Their consistency of service and trained staff builds loyal clients. Tested and proven market niche. Professionally created and maintained marketing materials including web site, yelp, google and social media accounts included.

Potential Growth:

This nail spa is well established enough with their clientele although added services such as sale of products and increased marketing practices can help increase the business.

Financing/Terms:

No financing. Cash only.