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Nail Salon for Sale in Panglao, Philippines

For Sale: Hugely popular well establish boutique upmarket spa massage and nail bar.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 530 thousand
Run Rate Sales USD 530 thousand
EBITDA Margin 27 %
Industries Nail Salon
Locations  Panglao
Local Time 5:31 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 260 thousand (Native Currency: PHP 14,900,000)
Reason: The owner wants to sell this business and use the proceeds for expanding their call center business ... View More
Includes physical assets worth USD 180 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Mayors Permit
Therapists
DTI Certificate
Business Overview

- Located 100 meters from world-famous Alona Beach.

- Serves 60-100 customers on a daily basis with a range of services including poly gel nail extensions, gel nails, classic nails, waxing, foot scrub, eyelash extensions, and eyebrow and upper lip threading.

- Zero products sold, 100% service sales.

- Attracts customers through online advertising.

- Currently employs 55 staff.

- An ideal business for someone looking to capitalize on the booming tourism industry in the area.

Products & Services Overview

Massage.

Poly gel nail extensions.

Gel nails.

Classic nails.

Waxing.

Footscrub.

Eyelash extensions.

Eyebrow and upper lip threading.

Assets Overview

Fully electronic 27 massage beds with each bed valued at about PHP 40,000. (Total value of PHP 1.1 million); other normal spa equipment includes handles, fixtures of the foot wash area, and washing machine; other assets include the computer, and FF&E valued at PHP 8.9 million.

Facilities Overview

Huge 240 square meter spa rented area on the second floor. The space comes with its own car park, has a huge turnover, and is within walking distance from the world-famous Alona Beach.

Capitalization Overview

- The business has no outstanding liability.

- It is a lease business with a brand new 5 years lease available.

- Entire business owned by one single owner.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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