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Hyde Park, NY

  • Listing Number: 217-21914

    Category: Beauty

Asking Price $25,000
Down Payment $25,000
Equipment / Fixtures $12,000
Year Established 2021
General Location Hyde Park, NY
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If you want to have your own nail salon business, please don’t miss this opportunity.
This nail salon is located in a large and busy plaza, with a shopping mall, dollar store, auto parts store, hair salon, restaurant, and florist as neighbors. It was opened in Mar-2021 and it had been a nail salon for several years. The seller invested $50K in building improvement and $12K in equipment and fixtures. It has 4 nail stations and 1 massage room. $5,000 of inventory is also included in the price, which can be used for about 1 year. The rent is low and includes a water fee.
According to the seller, the sales in peak months were about $30K when they had 4-5 people. The gross margin in peak months can cover the price. The reason the seller wants to sell is the partners broke up and there is not enough labor to serve the customers. It is a turnkey business. Bring more staff and customers will be back. 

Listed Price
$25,000
Down Payment
$25,000
Base Rent
$1,634
Square Feet
1400
Total Rent
$1,634
Lease Expiration
03/2024
Rent Deposit
$1,634
Lease Options
1
Inventory
Not Included
Leasehold Improvements
50000
Equipment / Fixtures
$12,000
Reason for Selling
Short of labor

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.

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