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Description

OFF-MARKET PRESENTLY

SD Nail Salon is Capitalizing Big in a Re-Emerging Market
(San Diego) (Non-Relocatable)
Seller Financing available with acceptable terms and conditions
Zip Code: 92101

  • Asking Price: $180,000
  • Cash Flow: $114,110
  • Gross Revenue: $357,768
  • EBITDA: available with CIM
  • FF&E: Included
  • Inventory: Included
  • Established: 2017
  • Employees: 12

Business Description:

  • 6 new spa chairs 
  • Beautiful manicure bar seats 6 
  • 12 UV lamps 
  • 3 televisions
  • Extra room for storage and or waxing 
  • Washer & Dryer 
  • A/C

Location, location, location is at the heart of this opportunity. The Seller imagined a nail salon in what was an empty space in a San Diego neighborhood undergoing gentrification. The salon offers a high-value experience – high-end services without a high price tag has grown a large client list and a solid schedule of appointments. Seller does not participate in the day-to-day operations. A manager is one of 3 W2s employees. Nails tech are commission-based and issued 1099s.

NDA required for release of detailed CIM. Thank you.

Detailed Information:

Facilities: Great build-out in the new building will provide a Buyer with a beautiful foundation that will not have to be updated for many years.

  • Monthly rent: $3153, including triple net
  • Security Deposit: $2511.34 
  • Lease expiration: 2027 
  • Square Footage: 1014

Growth & Expansion: Increase the number of experienced technicians and offer a broader scope of services (like waxing or acupuncture) in the private room. Increase social media and regular outreach to previous clients to increase business.
Financing: Cash or SBA financing preferred
Support & Training: As needed to support a smooth transition but not more than 6 weeks.
Reason for Selling: The Seller seeks a buyer with access to local talent and who can better manage the rapid growth in demand

ProNova representatives respond timely to all inquiries. We look forward to supporting your business endeavors and being a part of your success.

Competitive Landscape

Competition exists throughout San Diego in that consumers have choices in where to get their nails done. The Company has positioned itself as a high-end salon experience with mid-range prices. Consumers seeking the cheapest possible mani-pedi will not likely choose this location. Rather, the Company seeks to compete with more luxury brands. The Salon appears to be well-positioned to capture a healthy percentage of its target market, consisting of young professionals in the Metro San Diego area who are willing to pay a little more in order to have a higher-end experience.

The Seller can discuss competition in detail with a qualified Interested Party.

Bright Outlook

As a very young business that is already thriving, this salon presents an excellent opportunity for the right buyer to take it to its next level of expansion. The primary challenge faced by the Seller is in hiring enough nail techs to meet customer demand. The salon is not operating at full capacity, and therefore there is room to increase revenue in every time slot. The Seller makes the following suggestions to the prospective

Buyer of this Company:

1. Consider opening on Mondays
2. Hire 4 more nail techs, making sure space is used efficiently
3. Utilize the built-in marketing tool within Booker to implement marketing campaigns and promotions
4. Focus more on social media and Facebook

Contact info

Pronova Partners

Inquire about this property

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