Business Summary
Business has been in operation since 2019 and has quickly built and continues to maintain a loyal clientele base as well as consistent new customer growth. The business is a modern chic nail salon with high ceilings and fully renovated designed space that offers premium non-toxic clean nail products in a natural light filled relaxing ambiance. The business is highly profitable with high growth potential. Financials available with NDA only. The 1000 sq.ft. salon has ample waiting area and reception, 6 pedicure chair stations with removable pedicure bowls, 7 manicure stations on a custom design and built manicure table, 1 laundry room and 1 break room. Salon is located in a high median income neighborhood ($100,000) with close proximity to multiple creative studios and trendy businesses. Close neighbors include top rated coffee shops and restaurants. The salon also occupies a great corner frontage along busy Washington Blvd and has plenty of free street parking in adjacent residential neighborhood. The salon also offers a reward card system to build customer loyalty and currently is 4.5 stars on both Yelp and Google. Steady social media brand and presence with high potential for growth.
Detailed Information
Location: Culver City, CA
Neighborhood Demographics: Growing population with Median Household Income - $100,00 and median age is 43. Multiple new office, residential and hotel projects in development. Close to Sony Studios and other creative offices.
Inventory: Included in asking price
Real Estate: Leased
Building SF:1,000
Lease Expiration:7/16/2022 with 3 year option to renew
Employees: 5 FT & 4 PT, fully trained, able to operate independently without owner's presence in day to day operation. Room for more nail techs to join and expand business.
Facilities: High ceiling with natural light. All salon equipment included in sale, newly renovated with new exhaust, brand new AC (under warranty). Custom design & built manicurist stations & front desk
Competition: Comparable competition are not located nearby.
Gross Revenue: High volume, long wait
Growth & Expansion: Opportunity to develop own nail polish line and expansion into other beauty services. Retail. Film location. Events/ pop ups
Training: Seller offers training and guidance to competent buyer.
Reason for Selling: Relocation
Please contact us for more details.
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