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Nail Salon Inside Walmart - Great Opportunity
Location: United States -> Georgia -> Atlanta
Industry: Hair and Beauty > Beauty Salons and Barber Shops




Business Summary

There are hundreds of nail salons in the Atlanta market but very rare to find one for sale especially at an affordable price. Nail Salons are very profitable, and owners usually don't want to sell because of this. Take advantage as we are spread too thin and need to focus on other businesses. On top of this you are inside a high-volume Walmart Supercenter with a captive audience with low fixed cost.

This nail salon was recently reopened in August and completely refurbished with brand new equipment, POS, supplies and pedicure stations. Established well known franchise located in a high-volume Walmart Supercenter. Low cost operating structure with low monthly rent, franchise fee and all utilities covered through lease agreement. Over 3 years remaining on lease with an option for future renewals.

Despite being in the middle of Covid, this salon is generating positive cash flow and will quickly grow as clients return. Other similarly located salons are generating $100K+ in cash a year and we can show you financials from an identical salon inside another Walmart doing this. Setup and ready for you to grow the business.

The Salon was open for several years prior to its closure due to Covid & prior owner personal reasons. Priced to sell quickly with a potential pay back of less than 12 months. Rent of $2,300 includes franchise fee and all utilities. There are no other franchise fees to operate this salon.

Seller financing is available up to 50%.

Opportunities to operate a nail salon like this in a high traffic area do not come up often. Serious buyers only and you will be required to provide evidence of available funds.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $150,000
Cash Flow:   $15,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $10,000
Seller Financing:  Yes

About The Business

Year Established:  2015
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  1 week
Reason For Selling:  Need time to focus on other businesses

Photos

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Nail Salon Inside Walmart - Great Opportunity Photo 1




Print Listing Id: 700358999
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

Also See: Franchise Opportunities > Franchise Resales > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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