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Sierra Madre, Los Angeles County, California
Nail salon in Sierra Madre.
Asking Price
$165,000
Revenue
$269,500
Down
$165,000
Cash Flow
$136,498
Description
Prime location, in affluent community. It sits in the most sought after destination in town. This bright inviting nail salon was the first one to open in the city (2006), and was remodeled by current owner in 2023. The Bldg. size is 1,400 SF, rent is $3,253/MO (long lease available), gross annual sales are $269,500 and the annual net income is $136,498 as per seller statement. The venue is tastefully designed and equipped. Has 5 manicure stations, with room for 2 more, 7 spa chairs, 2 private rooms for wax and facial ,has a hand wash basin and hot water, separate room with a washer and dryer that is also used as a kitchenette with a refrigerator, a microwave, a toaster, coffee machine, small table and chairs, 16 cameras,3 Tv's screens,2 shop's entrances front and back and ample parking spaces. Adding eye lashes semi-permanent tattoo, eyebrow threading, make-ups and spa services, will immediately boost sales. New buyer will benefit from the centralized location of the city (between Pasadena, Arcadia and Monrovia), the low overhead, high profit margin, the efficient operation already in place in addition to the loyal, repeat clientele. The consistency of the cash flow and great social media reviews highlight its great reputation and customers’ satisfaction. This turn-key business, with clean books, is a rare opportunity for an owner operator, or an investor who wants to be a part of the growing beauty industry to step in and continue generating steady and recurring revenue. Business opens 6 days Tuesday-Saturday from 9:00 am- 6:00 pm and Sunday From 10;00 am to 4;00 pm. All equipment, furniture and fixtures as well as Ownership transition, support and training are included in the sale to insure a smooth handover. Act fast this opportunity will not last long.
Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
Listing agent does not guarantee the accuracy of the income, expenses information or other information concerning the business provided by seller, or obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of above information through personal inspection and with appropriate professionals
To get more information about this Nail salon in Sierra Madre. business for sale in Sierra Madre, California please contact Michael Raad (Broker - BRE License #:00984305) at michaelr@bhhsgolden.com or +16262154563
Business Details
Year Established:
2006
Employees:
5
Reason for sale:
to take care of 2 young kids.
Support & Training:
Seller will train buyer to manage the business and insure a smooth handover.
Property Information
Size in Square Feet:
1,400 sqft
Lease Terms:
5years plus 5 option.
Premises Details:
Buyer doesn't need to spend any money on fixing anything. Owner remodeled the shop in 2023.
Lease & Tenant Information
Lease Options:
$3,253
Posting Information
Posting ID:
9281130
Business Category:
Health, Medical, Fitness, Beauty
Business Types:
Nail Shop
Salon, Beauty Salon, Hair Salon
Attributes:
Training And Support
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Nail salon in Sierra Madre.
Posting ID
#9281130
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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