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Michael's Nails II

Nail Salons · Howard Beach, NY

Michael's Nails II is a business in Howard Beach, New York, listed under nail salons, with 10 to 19 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $210K to $950K.

This page was built from public U.S. government records (Small Business Administration and Census Bureau). It was not created by this business and contains no information from Value Alpha users. How it works · Request removal

Public record

Industry
Nail Salons (NAICS 812113, as reported by the business)
Location
Howard Beach, New York
Staff
10 to 19 people (as reported in 2020 to 2021)
Local rank
#1 of 9 businesses in Howard Beach listed under personal care services, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Personal Care Services with 10 to 19 staff, bought 2023 to 2026. Based on 118 purchases.

Loans used to buy them

$180K to $800K

Middle loan about $400K

Estimated purchase prices

$210K to $950K

Middle price about $480K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Michael's Nails II.

Financials of businesses like this

Average revenue

$782K

a year

Average payroll

$318K

41% of revenue

Average staff

12.8

people

US averages for nail salons with 10 to 19 staff, 2022 (2,881 businesses). These are not Michael's Nails II's own figures; its own revenue and profit are what a valuation needs.

Value Michael's Nails II on Value Alpha

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Personal Care Services in New York: the sale report

Sale ranges by staff size and how to value one, by email.

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Questions

How much is a business listed under personal care services worth in New York?
From 2023 to 2026, businesses listed under personal care services with 10 to 19 staff sold for about $210K to $950K, with a middle price of about $480K, based on 118 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Michael's Nails II?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Michael's Nails II get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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