Very Profitable and High Volume Nail Salon & Spa

Dallas, TX
Dallas County


Asking Price: Annual Revenue:
$395,000 $1,000,000

Services: Hair, Nails, Spas, Tanning


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RE: Very Profitable and High Volume Nail Salon & Spa Broker: Brian Martin
Owner Financing is Available!
$200,000.00

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 19
BBN Listing #: 482150077
Broker Reference #: 41041-604645

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Business Overview:

This salon was started by its current owner in July 2017. The seller has spent well over $500K in furniture and equipment purchases to start this business.

Even though the sales have been good from day one, the owner has used different marketing channels to ramp up the business year after year. Due to COVID-19, the seller has currently stopped marketing but the business has nicely bounced back after a couple months of slow sales. The seller would like to hand over this business to a motivated and growth-oriented buyer.

Sales in 2019 were over $1.5M with a profit of $250k. The price reflects that the store is rebounding and expected to return to those numbers very soon thanks to the narrowing of the competition in the area.

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Property Features and Assets:

This salon was started by its current owner in July 2017. The seller has spent well over $500,000 in furniture and equipment purchases to start this business. Even though the sales have been good from day one, the owner has used different marketing channels to ramp up the business year after year. Due to COVID-19, the seller has currently stopped marketing but the business has nicely bounced back after a couple months of slow sales. The seller would like to hand over this business to a motivated and growth-oriented buyer. This salon is located in an upscale neighborhood just 7 miles north of downtown Dallas. The store has an area of 5,901 sq. ft. with monthly rent of $ 17,451.63 (includes NNN). The lease is valid till Oct 2027.

Market Competition and Expansion:

Although there are many competitors in the nail and salon business, the unique experience provided by this business makes its customers coming back for more. The very high sales volume of this store is a clear proof that the business has created a great customer base who is loyal to this salon. This salon has a very high Google rating (4.3 star customer reviews). Potential Growth: This salon has grown tremendously in sales and profitability since it was opened in 2017. Further growth can be realized by targeted marketing through social media platforms. This salon is large enough in size to accommodate significant increase in clients and revenue.

Reason for Selling:

Relocating

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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