Profitable Upscale Nail Salon & Spa For Sale!

El Paso, TX
El Paso County

El Paso metropolitan area in suburb.


Asking Price: Annual Revenue:
$260,000 $328,692

Services: Hair, Nails, Spas, Tanning


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RE: Profitable Upscale Nail Salon & Spa For Sale! Broker: Larry Fry

Quick Facts

Asking Price: $260,000
Annual Revenue: $328,692
Net Profit: $19,940
Cash Flow: $104,120
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 8
BBN Listing #: 395956457
Broker Reference #: 75951-146539

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Business Overview:

Established Turn-Key Location! E-2 Visa Ready! Motivated Seller!

Profitable upscale nail salon and multi-services spa for sale in West Texas metropolitan area! This business represents an excellent opportunity to acquire a profitable nail salon and multi-services spa in a prime metropolitan location. This salon/spa provides varied products and services to its clients such as solar and acrylic nails, gel and dip powder nails, pedicure, manicure, facials, waxing, shoulder & neck massage, and reflexology, etc.

This upscale salon/spa was started up by the owner in December, 2017. The seller has spent approximately $350,000 in furniture, fixtures, and equipment purchases to start this business. Due to COVID-19 reasons, the business slowed down earlier this year but is now bouncing back after having several months of no to low sales. The owner would like to sell this business to a highly motivated, growth-oriented type of buyer to continue the renewed momentum.

DISCLOSURES:
* Total Annual Revenue, Net Annual Profit/Loss and Cash Flow numbers shown are for tax year 2019 as reported on seller's tax return.
* FF&E shown is approximate as reported by the seller.
* All information, data, financials, valuations, appraisals, etc. must be verified by the buyer’s independent professional advisors before putting any money at risk as the broker makes no warranty, expressed or implied, as to the complete accuracy of this information obtained from the seller.
* Non-Disclosure Agreement (NDA) is required. The seller’s data is confidential & will only be disclosed to qualified prospective buyers who have a signed NDA in place.

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Property Features and Assets:

This business is located in a suburban city within the metropolitan area of El Paso, TX. The facility consists of two suites totaling 3,000 sq ft overall that's located in a well-positioned suburban shopping center.

Market Competition and Expansion:

Seller has built up a well-known brand name, loyal clientele, existing workforce, and community goodwill, making it one of the go to places in the area for nails and spa services. This business has experienced growth in sales and profitability during 2018 and 2019. Further growth can be realized post COVID-19 via targeted marketing through social media platforms. The salon's facilities are large enough in size to accommodate an increase in the number of clients and revenue.

Reason for Selling:

Owner to relocate to Midwest for family 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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