Contact: Armen Haghverdi At 818-451-5984 - Also Email This Contact Below
Asking Price: $360,000 Down Payment: $360,000
Annual SDC: $80,000
Annual Gross: $672,000
Business Address: None Given City: Glendale Zip: None Given
Attributes: Broker-Broker Coop, Absentee Run, Semi-Absentee Run, Training & Support
Upscale & profitable nail salon Franchise, perfectly located in Glendale!!! Great opportunity to buy into this Franchise with this high-end nail salon located in busy part of well populated city. This Nail Salon was built in 2016 with no expense sparred, build out was about $300,000. The salon has 10 x SPA chairs and additional nail bars. huge inventory of high-end polishes and supplies.
This nail Salon has successfully increased Gross Revenues by over $100,000 a year for the last few years with even great upside with the right owner!! The current owner turned profits after the first year in business and has done as an absentee-owner. The upside for this business is big, with the location being its advantage! Also, great opportunity for someone seeking E2 Visa. Rent is $8,350/m including NNN and electricity!
Lease expires 2022 with 1 x 5 years option. Seller claims his Gross Sales are about $56,000 a month. cost of goods are $1,500/m and $450/m for remaining utilities and insurance. There is 6% Royalties to Franchise. Seller claims his Net income is about $80,000 a year.
To get more information about this Nail Salon- Absentee Run, Franchise, High Revenues business for sale in
Glendale, Los Angeles County please phone Armen Haghverdi (Broker - BRE License #:02088617) at 818-451-5984 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #264673 on BizBen.com. In addition to phoning
Armen Haghverdi, make sure you email Armen Haghverdi above to get more info about this
Nail Salon- Absentee Run, Franchise, High Revenues, to ask any questions or request an appointment to see this
business for sale. Thank you.