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High End Nail Salon

Palm Beach County, Florida

Asking Price: Gross: Cash Flow:
$190,000 $748,325 $68,323

Furniture and Fixtures Value:
$60,000 (included in the asking price)

Inventory Value:
$9,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
High End, Full-service boutique nail salon in a spa like environment. We provide a tranquil respite to the average nail salon. Friendly well trained English speaking staff. Top of the line products. They also offer massage therapy as well as facials. They offer a special atmosphere, double filtration system, top of the line products and meditation services. Great reputation and many referrals through word of mouth. Over 4,000 clients in the data base. The business experiencing great growth in 2023.

 
   
   
Year Business was Established: 2020
   
Number of Employees: 10 FT/6 PT  
   
Facilities / Terms of Lease: High end open mall with great location in the Boca area.  
   
Potential Growth/Expansion: The business has been experiencing growth after Covid years. There is still a lot of potential. Current ownership is adding staff on Mondays and Saturdays. They are hiring massage therapists and aestheticians to maximize the treatment room. There is the possibility of extending hours to open earlier and stay open later.  
   
Competition: No direct competition barring a few country clubs outside a 5 mile radius of us as well as the boca hotel. The business differentiates itself from the basic nail studio by offering our clients a special atmosphere, no unpleasant odors due to the secondary air filtration system that was put in at the time of the buildout, all English speaking staff, top of the line products, personalized meditation devices with guided meditations inclusive with every service, and serenity stream TV viewing.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Other interests.  
 

 

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