High Volume Multi-Service Nails and Spa

Not Disclosed, TX
Parker County

Weatherford


Asking Price: Annual Revenue:
$279,000 $743,064

Services: Engineering, Architectural Services


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RE: High Volume Multi-Service Nails and Spa Broker: Kevin Chung

Quick Facts

Asking Price: $279,000
Annual Revenue: $743,064
Net Profit: Not Disclosed
Cash Flow: $167,325
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 12
BBN Listing #: 104519188
Broker Reference #: 000758

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Business Overview:

Luxurious nail salon rated as one-of-the-best manicure and pedicure salon in the county is available for acquisition. This business was originally established by the current owner of the business several years back in 2014. Most of the customers are middle-class to upper-class women that attend the local college in the area as well as individuals that live in the surrounding densely populated residential neighborhoods. Sales average is approximately between $$825,000-850,000/year that has been steadily increasing since the inception of the business with some marketing on their business website. Although some marketing is in place through their website and coupons, other proactive marketing methods needs to be utilized to achieve maximum income capacity as well as growing the customer base with individuals outside the immediate market area. Competition is always expected for any business within the beauty industry, but this business has gorgeously built their interior to give a luxurious atmosphere while also providing high-quality services that match the business concept. There are many ways to proactively market this business such as direct mailing, social media outlets, loyalty program, contact local colleges, flyers and online booking services. Due to the large percentage of customers being walk-in, providing a method of booking through their website will allow for busy individuals especially students to plan services needed on a weekly basis. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 2,200 Square Feet retail strip center placed next to a main street surrounded by numerous retail businesses and restaurants. All equipment is in impeccable condition and in working order. / Inventory: $15,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but each competitor can't compare to the quality of services as well as the luxurious interior that this business has built since inception. / Growth and Expansion: There is no proactive marketing done other than the business website.

Reason for Selling:

Burned Out.

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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