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Nail Salon (Pasadena) $60,000 sold

Gross sales not including the cash is $23,750 and the net is around $5,000.
2020 sales was over $80k and we were only operating in Jan, Feb, and half of March (our slowest months for nail biz), and for only about two weeks in June/July. I pay my employees 50/50 commission
Last year, tips were about $10,000 for the over $80,000 in sales.
This is an absentee owner.
​
# of Employees (Full/Part time)
5Payroll
7000
Gross rent around $3200 with 3% increase annually. 1200 sq ft. 2 year left lease +2 yr option
​Lease Security deposit
2 months rent
Insurance
100
phone & internet
75
electricity
100
gas
30
Inventory is included
3000
Opening Hour
10am - 7pm
Store Size(sf)
1200
How Long Present Owner
2 years
​reason for sale
Moved

Luxurious and profitable Nail Bar located in the prime location in Pasadena. The owner has made significant improvements that offer their clients an unique and attractive environment in which to feel pampered. It is in a prime location which offers heavy traffic and Yelp rated 4 out of 5! With stable income and great cash flow, don't miss this great opportunity to own this profitable small business!
​

Are all the employees staying behind with the business?
Yes. Very likely and that all live very close by. 
Yes. There are two managers in the store helping the owner to run the business.

​Do not talk to the owner and employees.

    Please Fill NDA below to obtain a business address ​instantly.

    If you press submit button, you will understand and agree with the nondisclosure agreement and disclaimer below. Please visit the location first and ask questions via email only.
    Disclaimers 
    ​
    Please be advised that kibomrealtor.com(Credent Realty) may render only the service of introduction of Business Details bases on our own personal opinion, news papers and a source of internet advertising. Not verified by a  certified appraisers. Therefore the contents of the kibomrealtor.com (Credent Realty) were not verified and their accuracy is not guaranteed. It is user’s responsibility and duty to check and verify the accuracy of the value of the business. This result is only asking price not a done deal price.
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    Non-disclosure Agreement
    This  information is from seller not verified or confirmed by kibomrealtor.com(Credent Realty).  It is buyer's responsibility and duty to check and verify the accuracy of the seller's representation as to the business opportunity. The buyer agrees and acknowledges that the buyer will not claim or sue kibomrealtor.com (Credent Realty) or its agents regarding the business after he/she purchases. It is once again emphasized that the buyer must verify the business information.  For your convenience we don't require you to come to our office to sign NDA form. Instead you can just check "AGREED AND ACCEPTED" below After reading the Non-disclosure Agreement. After that we will send you the information which include address and name. If you want to purchase the business that we send the information for, you must purchase it through kibomrealtor.com within a year from the date that this E-mail sent. ) You hereby promise to trade only through Ki Bom Kim real estate deals with real estate information obtained through KI BOM Kim.  You will pay $12,000 + cost if you deal directly with the seller or the landlord without or not through Ki Bom Kim using real estate information obtained through Ki Bom Kim. You will not raise objection on this matter.
    You must also not discuss the contents of the listing or information that the E-mail contains with anyone who was not the intended recipient. The information is highly sensitive.  By the way It highly recommend that you visit the business first and you will most likely yield a better result that expected.
    "Do not talk to owner and employees."
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    "Seller 나 종업원 하고 말씀 하지 마세요."

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      • Tea (Chino)
      • Acupuncture Colonic Massage (Santa Monica)
      • Copy & Printing (Northridge)
      • Welding (Jurupa Valley)
      • Korean Rice Cake (Garden Grove)
      • Hot Springs Hotel (Desert Hot Springs)
      • Franchise Cleaning Service (Pico Rivera)
      • Acupuncture (Korea Town)
      • Inn (Nipomo)
      • Water & Ice Cream (Anaheim)
      • Wireless (Chino Hills)
      • Event Venue/Restaurant (K-Town)
      • Restaurant Supply
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    • 3631 Meadowlark
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      • Glendale
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    • Commercial Lease
    • Urbanize.La
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