The Most Beautiful Nail Salon In Anne Arundel County For Sale Known For The Biggest And Busiest Nail Salon In Its Area

Description

This extravagant nail salon was built and opened for business on 12/2017. With a space of 3550 sqf, it has 28 pedicure spa chairs, 20 nail stations, 2 full body waxing room, 1 Facial/massage/eyelash room, 2 restrooms, 1 staff room. It is fully equipped, well decorated, well known on social media means and self-operated. It currently has 15 full time technicians, 1 managers, 1 fulltime janitor, 4 receptionists. Average monthly gross income is $... sign in to read more

Financials
Net Margin 66.67%
Revenue $1,200,000.00 89% than Retail avg.
EBIDTA $800,000.00 51% than Retail avg.
Cash Flow $250,000.00 95% than Retail avg.
Asking Price $850,000.00 79% than Retail avg.
Multiple 1.1x
FF&E $370,000.00
More Company Info
Location Millersville, Maryland, Anne Arundel Co.
Reason for selling The owner's husband got a job in Florida, so the whole family will move there at
Employee Count 20
Inventory $270,000.00
Year Founded 2017
Training Support The owner, technicians and the management team will stay for 2-6 months to train the new owner on everything until the he/she is comfortable with this salon. This salon is operated by itself. There is not much to do or change.
Date Added May. 13, 2021
Additional Info Join ExitLink Pro to access

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