Luxurious and Modern Spa

Price: $120,000

Location: Washoe County, NV

Industry: Nail Salons

Listing ID: 1949824

Listing Status: Sold

Description

This spacious spa is centrally located near middle- and upper-class clientele. The facility has everything in place for someone to take over operations. A cosmetology license is not required to own this business. Staff has a good reputation. Most of the staff is booked up daily. There are other competitors, but few that specialize in this treatment. There are numerous "nail salons" that provide one-off service, but none provide the brand and quality of this company. This is a rapidly growing industry nationwide in the personal health and beauty segment. As indicated, the location, brand, quality and product offer further opportunity for growth. This is not to mention the additional space in the existing facility that is available. Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students?and is just a half hour from beautiful Lake Tahoe. From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it?s no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.

LISTING DETAILS

Total Sales: $1,117,022

Cash Flow: $75,526

FFE: $41,000

Inventory: $2,000

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