Seller's Contact Information
- RE: Nail Salon For Sale-Frisco (north Dallas), TX
- Contact: Stocker Travis
- License #: 312805
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | $50,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 30,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 2 | |
BBN Listing #: | 694363504 | |
Broker Reference #: | DBI-1005 |
Business Overview:
Opportunity to purchase brand new, upscale, well stocked nail salon in a busy, high traffic shopping center in an affluent area in far north Dallas. Very upscale clients who tip the shop employees extremely well. Very attractive & bright well laid out operation with a beautiful reception area & a nice bar area that offers complimentary drinks. Has 8 pedicure stations, 5 manicure stations, facial waxing station, break room & laundry room & an A.D.A. compliant bathroom.
One of the original nail salons in Frisco opened over 25 years ago (was originally called Frisco Nails). Seller is the 3rd owner in that time to do extensive remodeling. Business closed for remodeling from March/2022 until May/2022. Brand new items include interior leasehold improvements and equipment (washer, dryer, refrigerator & ice maker) plus a towel warmer & hot stone warmer. The landlord has committed $12,000 for a new HVAC system when needed in the future.
Current owner inherited a shop that was not well maintained by the previous owner and had developed a bad reputation and below average services. She has had to clean up the shop (literally) as well as its poor reputation which is now being accomplished. The business is now set up for an owner/operator buyer with the talent & drive to take it to the next level without the substantial startup costs & working capital reserves necessary to open & start a new shop from nothing which would easily total more than $85,000. This shop is only open 5 days per week. There is an opportunity to increase revenues by expanding the hours and open 6-7 days per week as is the case with most nail salons.
Seller will provide on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of the training and sign a no competition agreement.
EXTREMELY MOTIVATED SELLER! PRICED TO SELL QUICKLY! The owner is committed to other full time business endeavors and just does not have the time to put into this shop that is necessary to maximize its obvious potential. MAKE ALL REASONABLE OFFERS!
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Property Features and Assets:
Virtually brand new, upscale, well stocked nail salon in a busy, high traffic shopping center in an affluent area in far north Dallas. Very attractive & bright well laid out operation with a beautiful reception area & a nice bar area that offers complimentary drinks. Has 8 pedicure stations, 5 manicure stations, facial waxing station, break room & laundry room & an A.D.A. compliant bathroom. Business closed for remodeling from March/2022 until May/2022. Brand new items include interior leasehold improvements and equipment (washer, dryer, refrigerator & ice maker) plus a towel warmer & hot stone warmer. The landlord has committed $12,000 for a new HVAC system when needed in the future.
Market Competition and Expansion:
Normal competitive environment. This shop is only open 5 days per week. There is an opportunity to increase revenues by expanding the hours and open 6-7 days per week as is the case with most nail salons.
Reason for Selling:
The owner is committed to other full time business
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
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