Incredible Client Care-focused Nail Salon opportunity - NOVA

Alexandria County, VA
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Asking Price:$280,000
Gross Revenue:$386,676
Rent:$5,700/Month
Cash Flow:$77,799
Inventory:$12,000
FF&E:$50,000
BUSINESS DESCRIPTION

Well Established, Scalable, Very Profitable, Growth Opportunities!

The reported finances are for 2023, but the salon is on track to make over $500,000 in 2024. Located in a prime area, this full-service nail salon offers a spacious and attractive environment where guests can indulge in manicures, pedicures, facials, massages, and other beauty services. As part of a larger network of salons and spas owned by the seller, this salon benefits from a strong reputation and a loyal customer base built through word-of-mouth referrals and repeat clientele. The excellent location further enhances its appeal, drawing in a steady stream of business. A new owner with expertise in hair and nail services, combined with strong management and marketing skills, could unlock significant growth potential and take this already thriving salon to new heights.


DETAILED INFORMATION
Location
Alexandria County, VA
Inventory
Included in asking price
Real Estate
Leased
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: Fixed Furniture and Equipment 8 pedi massage chairs with technician chairs attached. Purchased 2 years ago for $29,600 6 tables and 12 chair sets. Brand new and purchased for $15,000 2 waxing rooms equipped with a bed and chair and tone with a barber chair, valued at $1,500 Zota POS system with printer and sign-in capability, $3,700 FF&E General Condition: Pristine
Competition
Most customers are affluent residents, executive and support level workers in the office complex, high-end hotel guests, including many flight attendants that frequent the hotel
Growth & Expansion
Social media has not been a robust effort and has much potential for improvement. Continue to add and train new employees to be of the same caliber as the existing employees.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Pursuing other interests
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Mark
Irion
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Mark Irion