High Volume Luxury Nail Salon with Huge Cash Flow

Not Disclosed, TX
Tarrant County

Northeast Forth Worth

Asking Price: Annual Revenue:
$399,999 $769,480

Services: Engineering, Architectural Services

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RE: High Volume Luxury Nail Salon with Huge Cash Flow Broker: Stephen Lee

Quick Facts

Asking Price: $399,999
Annual Revenue: $769,480
Net Profit: Not Disclosed
Cash Flow: $228,649
Total Debt: Not Disclosed
FF&E: $380,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 15
BBN Listing #: 557119188
Broker Reference #: 000893

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Business Overview:

Luxurious high-end nail salon placed in an area with an overflowing population of individuals with large amounts of disposable income in Northeast Forth Worth is now available for acquisition. This business was built-out and fully established in late 2017 by the current owner of the business. The business location is in a 1,405 Square Feet end-cap space of a upscale retail strip center located next to one of the busiest roads within the city that has heavy traffic throughout all hours of the day as well as numerous businesses that attract a number of people to the local area. Few competitors were found in the immediate market area, but the business is optimally placed in the retail strip that provides great visibility and ease-of-access from the busy street. This nail salon has been very successful due to lack of quality from the competition, but also their variety of high quality service such as nail care, facial treatment, manicure, pedicure, scents, waxing, massage etc. Interior of the facility is gorgeously built to give a luxurious atmosphere while also providing high-quality services that match the business concept. Most of the customers are high-income women that live in the surrounding upscale residential neighborhoods and work in the numerous high-end retail businesses placed near the business. This nail shop used to do $15,000 - $20,000 a week before the pandemic, but the sale has been decreased to $10,000 a week after the pandemic and now steadily increasing back to normal levels as the business follow covid-19 safety guidelines. The business has readily available space to take care of many customers at a safe distance. Although some marketing is in place, other proactive marketing methods such as direct mailing, flyer, coupon, additional seats, website, online booking, social media outlets, etc. needs to be utilized to achieve maximum income capacity as well as growing the customer base with individuals outside the immediate market area. The construction of the road in front of business will be complete this year which can give better access to the customers. This business has great potential as the city where the business is located has much more diverse demographics that have a large amount of disposable income which can generate more revenues combined with proactive marketing. This is a great opportunity to acquire high volume luxurious upscale nail salon for a potential buyer who is willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the city.

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Property Features and Assets:

This business is located in a 3,160 Square Feet space of gorgeously built retail strip center with a modern design. The interior has a well-built bar in the center of the facility and many chairs that fills the whole facility from left to right. / Inventory: $15,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business makes high revenue due to the lack of quality from the competition and the interior build-out is gorgeously built in a modern fashion that catches the customers' eyes. Growth and Expansion: Construction of road in front of business will be complete this year. Additional services, local advertising, more seats, online booking, website, social media outlet etc.

Reason for Selling:

Looking for other opportunities.

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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