Impressive Salon Nail Spa In Katy
Katy, TX Fort Bend County
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- RE: Impressive Salon Nail Spa In Katy
- Contact: Tony Keane
Quick Facts
| Asking Price: | $70,000 | |
| Annual Revenue: | $352,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $84,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 4 | |
| BBN Listing #: | 67744107 | |
| Broker Reference #: | 76931-519888 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-519888
Affordable upscale full-service salon nails and spa elegantly created. Customers are treated with the utmost respect and will receive nothing less than first-class service. Staff members do their best to ensure engagement with clients exceeds their expectations. Business offers services including Cut & Style, Color Treatments, Nail, and Facial Treatments. 2023 Annual Revenues were $352K. 7 Hair Stations, 6 Pedicure Stations plus a private services room. Monthly rent is approximately $5,300 for 2,100 square feet. Beauty services are on the rise, take advantage of this opportunity. Approximately $50K (new price) in FF&E, over $50K in Leasehold Improvements, and approximately $10,000 in Supplies Inventory included in sale price.
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Property Features and Assets:
Monthly Rent: $5,300.00
Square Units (Foot, Meter): 2,100
Lease Expiration Date: July 30, 2027, 10:00:00 PM
Terms Options: 5 Year Renewal
Facilities: Newer Retail Strip Center
FF&E Overview: 7 Hair Stations and 6 Pedicure Stations plus Facial Treatment Room
FF&E General Condition: Well maintained
Market Competition and Expansion:
Expansion:
External factors that will contribute to growth:
o Growing economy
o Population growth in the general area
o Positive Industry Trends
o Positive changes to the area surrounding the business
Internal factors that will contribute to growth:
o Hiring an additional Stylist.
o Hiring specialized service providers such as Masseuse.
o Continue making regular high revenue clients feel special.
o Increase marketing in local area.
Reason for Selling:
Personal Reasons
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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