Toronto’s Most Popular Nail Salon Is For Sale

Location: Canada -> Ontario -> Toronto
Industry: Hair and Beauty > Beauty Salons and Barber Shops

Businesses for sale Summary

We are Toronto’s most popular nail salon. Established in 2005, we have a client base of over 7,000 clients with an email newsletter that reaches approximately 3,800 clients on a biweekly basis. The salon for sale is located in downtown Toronto in a very well-trafficked area. It is well-appointed – with 15 seats (8 mani and 7 pedi) in a space of 1,400 sq ft. This includes the main service area, 2 wax rooms, accessible washroom, office, and kitchen. Reception area, pedi benches and manicure tables are custom fit. In addition to natural nail and waxing services, we offer a private line of polishes and beauty products. We have received exceptional national and local media coverage since launching in 2005. There is tremendous opportunity to expand and grow this business to include other health and beauty offerings with an established clientele.

Financials

Asking Price Range:  < $250K
Gross Revenues:   $300,000
Cash Flow:   $45,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $35,000
Seller Financing:  No

About The Business

Year Established:  2005
Number of Employees:  6 – 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Family committments.