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Nail Salon

  • Status: Available
  • Price: $165,000

Sodaba Anwari

License No:
DRE #02093280
Email:
Sodaba@lbaweb.com
Office:
510-564-4433
Mobile:
510-375-9757
  • Listing No: 4101
  • Status: Available
  • Area: Santa Clara
  • Price: $165,000

Description

Nail salon Making

$120,000 Net Income

This 1,600 sqft. Nail Salon has been in business since 2013. It is well established Nail Salon with many loyal customers.  They do indoor and outdoor service. There are 55 seating capacity indoor. There are 6 x Manicure stations, 2 x Was / Facial rooms, 7 x New Luxor SPA Chairs. There is security system set. There are 20 x parking spaces available and hours of operation; 9.30 am- 7.00 pm / 7 x days a week. There are 7 x Full Time & 1 x Part Time Employees. lease expires 2024 with 1 x 5 years option. Base Rent is $5,682.00 a month with $1,397.00 for NNN which includes (Water, Garbage, Tax, Insurance, Security, Advertising and Maintenance).

Seller claims her Gross Annual Sale is $240,000 and she also claims her Net Income is about $120,000.00

Business Information

Ownership Type: Corporation
Year Established: 2013
Year Purchased: 2013
Business Type: Nail Salon
License(s) Required: Business, Cosmetology
Hours of Operation: 9.30 am- 7.00 pm / 7 x days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4101
Date Available: 03/11/2022
Reason For Sale: Relocating

Financial Information

Annual Total:
240,000
Revenue:
Annual Net Income:
120,000
Inventory:
3,000-5,000
Monthly Payroll:

Lease Information

Base Rent:
5,682/m
Lease Expires:
2024
Lease Option:
1 x 5 years Option
NNN:
1,397

Financing Information

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

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