Cozy Nail Salon and Spa in Prime Location

Reputable nail spa with over 9 years of success. The business has attracted and retained loyal clients. They service both South Beach Locals and tourist which makes for a healthy and constant flow of customers throughout the various seasons. Their service ensures outstanding customer care and attention to every detail. Employee training and established service protocols maintain the highest standards. Their staff is well trained and act as knowledgable ambassadors for the salon brand. Booking is done with integrated sales software. Partial year (2022) P&L and sales reports are available for qualified buyers.

Down Payment: $125,000

Total Sales: $594,988

Cash Flow: $119,575

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $50,000

FFE Included: Yes

Inventory: N/A

Year Established: 2010

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

Owner Hours Per Week: 20

Non-Owner Payroll: N/A

Employees: 10

Managers: 1

Lease Option: Renewable

Real Estate: N/A

Monthly Rent: $7,100

Type of Location: Street retail

Square Footage: 1450

Franchise: No

Relocatable: No

Facilities Information:

The facility has been designed and built for success. The layout provides efficient workspace, ample storage and showcase retail areas. They have installed state-of-the-art air ventlation system that exceeds Flordia State Healh standards. The décor is bright, uncluttered, spacious and clean. The equipment is maintained at like new standards. On site off-street parking is also provides for staff and clients. Equipment includes 10 new J&A pedi-chairs purchased in 2018. Fully automated on-line booking system and web booking software with active data base.

Terms and Conditions?:

Strictly confidential, contact for showing.

Reason For Sale:

Relocation

Training & Support:

Owners will provide all necessary aspects of support and training. To ensure a successful transition this will include new employee training, review of all job descriptions, ongoing management and staff procedures, client service practices, daily and monthly business goals, inventory requirements, marketing and advertising objectives.

Historical Summary:

Opened in 2010 and located in Miami Beach, this nail 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.