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Nail Salon

  • Status: Pending
  • Price: $119,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6358
  • Status: Pending
  • Area: Los Angeles
  • Price: $119,000

Description

1,500sqft. Nail Salon located in a crowded Shopping Center with many Shops and Restaurants around it. Plenty of Parking spaces. The Salon includes lunchroom, 2 x Facial and 2 x Massage rooms, Offering body massage, Waxing, Facial plus all Nail Services. Business hours are from (10.00am- 5.00pm / 5 x days a week, Wednesday – Sunday).The Salon has 5 x employees, 3 x Full-time and 2 x Part Time. They claimed Gross Income is $360,000 a year and the Net Revenue is $120,000 a year. Monthly Rent of  $4,000/m including NNN. Lease will end in June. Long Term Lease available upon approval.

Business Information

Ownership Type: Corporation
Year Established: 2016
Year Purchased: 2016
Business Type: Nail Salon
License(s) Required: Business
Hours of Operation: 10.00am- 5.00pm/ 5 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6358
Date Available: 02/09/2022
Reason For Sale: New Born Baby

Financial Information

Annual Total:
360,000
Revenue:
Annual Net Income:
120,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
4,000/m
Lease Expires:
2022
Lease Option:
NNN:
Included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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