Prime Mall Location High-End Nail Salon

Not Disclosed, TX
Tarrant County

Far West Dallas

Asking Price: Annual Revenue:
$100,000 $240,000

Services: Engineering, Architectural Services

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RE: Prime Mall Location High-End Nail Salon Broker: Stephen Lee

Quick Facts

Asking Price: $100,000
Annual Revenue: $240,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 7
BBN Listing #: 481619188
Broker Reference #: 000501

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Business Overview:

Prime mall location high-end nail salon with gorgeous interior decor and the only nail salon in the mall are available for acquisition. This business was originally established in 2016 by the current owner of the business. Competition can be expected for this type of business industry, but this business has no true competitor that is within the immediate market area and easily dominates the area as the sole nail salon of this mall. Most of the customers are upper-class individuals that are from the surrounding densely populated residential neighborhoods and constant pedestrian traffic throughout all times of day within the mall. Net sales average projected at $220,000/year that has been steadily increasing throughout the time of establishment and present time due to some marketing done locally during the initial start of the business. While some marketing has been done through coupons and website, other methods of proactive marketing is needed if this business is to truly increase cash flow and customer acquisition. There are many ways to proactively market this business such as flyers, weekly specials, more manpower/staff, update interior design, direct mailing, re-introduce coupons and adding more services that is beauty related. Expanding the current services will be extremely beneficial as more beauty services will allow this business to dominate the area for the beauty industry. Various products are provided at this nail salon that range from manicures, pedicures, waxing, eyelash care, nail care, neck massage, shoulder massage, and foot massage. This business has everything in place for a potential buyer to generate more cash flow with proactive marketing and full-time involvement in the day-to-day operations.

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Property Features and Assets:

This business is located in a 1,495 Square Feet retail spot within the mall that is surrounded by many corporate businesses and immense traffic from mall pedestrians. / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are no true competitors within the immediate market area. Growth and Expansion: Proactive marketing was done during the first few months of the business, but other proactive marketing tactics are needed to generate more cash flow.

Reason for Selling:

Health Reasons

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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