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West Los Angeles

  • Listing No.: 130-00144

  • Category: Beauty

Asking Price $150,000
Down Payment
Gross Revenue $310,653
Total Adjusted Net Income $103,048
Equipment/Fixtures $47,000
Year Established 2004
General Location West Los Angeles
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This business is a trendy nail salon in Venice that features chic decor. The Business offers traditional manicure and pedicures, gel manicures and pedicures, massages and waxing. The Business’ goal is to provide a high-end experience at an affordable price for their customers. In addition, the Business uses organic products such as nail polishes that are either 3-free, 5-free or 7-free. In addition, as an organic nail salon, the Business does not do any acrylics. The nail salon was recently renovated with updated plumbing, electric, tiles, and ceiling vent as well as new equipment, spa chairs, and washer dryer that are less than two years old! The location is stylish, modern, and features 10 spa chair stations and a manicure bar with 7 stations. This Business is ideal for a nail technician looking to open their first nail salon or a nail salon operator looking to expand.

Gross Revenue $310,653 Listed Price $150,000
Total Income $103,048 Down Payment
Base Rent $3,948 Square Feet 1404
Total Rent $4,765 Lease Expiration 3/2019
Rent Deposit $3,683 Lease Options 3/12
Inventory $15,000 Leasehold Improvements $99,000
Equipment/ Fixtures $47,000 Other Assets Signage $2,750, Supplies $4,000.
Full-Time Employees 0 Training Period 1 Month
Part-Time Employees 0 Special License Required Establishment license
Contract Staff 7 Reason for Selling Seller's home is too far from business's location.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.