University Neighboring Nail Salon

Not Disclosed, TX
Tarrant County

Arlington


Asking Price: Annual Revenue:
$55,000 $138,864

Services: Engineering, Architectural Services


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RE: University Neighboring Nail Salon Broker: Stephen Lee

Quick Facts

Asking Price: $55,000
Annual Revenue: $138,864
Net Profit: Not Disclosed
Cash Flow: $23,895
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 4
BBN Listing #: 209419188
Broker Reference #: 000790

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Business Overview:

Well established nail salon placed in the hub of large residential apartments and university campus is available for acquisition. This business was established in 2011 and was later acquired by the current owner in 2016 several years ago. Most of the customers are students that live nearby the university campus and young women that are from the densely populated residential neighborhoods. Gross sales average was $135,000/year that has been consistent over the last several years with minimal owner involvement and marketing. Although some marketing was done previously years ago, other proactive marketing needs to be fully utilized to maximize income potential and acquire new customers from the surrounding area. Competition is expected for this business industry, but this business provides competitive price points and quality service that has been the same since the inception of the business. There are many ways to proactively market this type of business such as direct mailing, student discounts, specials, website creation, online booking service, social media outlets and full-time owner involvement. The current owner of the business works minimally in the business operation and can drastically increase the cash flow if a new owner comes as a nail tech working as a manager. New POS system will also increase the flow of customers and management of busy times of each season. This business has everything in place for a potential buyer to proactively market the 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 retail strip center next to a major intersection nearby a university and has well maintained equipment within their facility. / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business provides a competitive price point and has been established in the area for a long time with a solid customer base. / Growth and Expansion: Some marketing was done several years ago, but this business needs to proactively market the business to fully maximize the business potential.

Reason for Selling:

Other Opportunities/Can't fully be involved.

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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