High profit Nail/ Spa with building included.
New Jersey
| Asking Price: | $2,500,000 |
| Gross Revenue: | $1,042,000 |
| EBITDA: | $456,000 |
| Established Year: | 2018 |
| Cash Flow: | $375,000 |
| Inventory: | $25,000 |
| Real Estate: | $1,800,000 |
Listing ID: 1871703Listing provided by BizBuySell
BUSINESS DESCRIPTION
High profit business and building together for sale, owner is retiring.
Net income can show around $375,000 yearly after all expenses. This is very well-known one of the 5 chain stores. Easy to run remotely with manager.
Bank approved the financing after $600,000 down payment and you become the landlord too.
Great location with ACME and CVS tenant right behind.
Steady clients during winter and summer. Qualified Principals only. No brokers.
Text or email , 201 328 4324 or brokerleo@hotmail.com
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
New Jersey
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
8,000
Facilities
Full service station set up spent more than $600,000 as of 2018. 18 manicure and 15 pedicure,4000sf free standing building with ample parking. 2nd floor tenant paying $4500 rent monthly.
Competition
Not much.
Growth & Expansion
Really needs to upgrade website and social media APP to bring in more customers.
Financing
some possible if qualified
Support & Training
Owner will hand over all the needs for the investors.
Reason for Selling
Retire.
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