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- RE: Profitable Nail Spa-Fantastic Retail Location!
- Contact: George Albright
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $852,164 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 55,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 25 | |
| BBN Listing #: | 141652154 | |
| Broker Reference #: | 49071-562924 |
Business Overview:
Upscale Nail Care Salon Spa in highly trafficked town center. Turnkey Salon Spa catering to high end clientele. Odorless and chemical free nail products. Very clean and sanitary salon with no acrylic smell. Located in best retail area in NE Tarrant County.
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Property Features and Assets:
Landlord & Lease Southlake Town Center Square Feet= 1401 Expiration Date = October 2029 Monthly Commercial Lease = $ 6,337
Market Competition and Expansion:
The nail industry by the numbers: • Nail services make up$12.8B of the $13.3B Personal Nails and Waxing Salons industry* • The global spa/salon market compound annual growth rate (CAGR) was 5.66% from 2017 to 2021* • Opportunitiesare available nationwide. • Nail services are an affordable luxury with consumers looking to “protect the pretty” even if other discretionary spending is restricted* • The consumer base for nail services spans generations, genders, and cultural lines • Healthy foot care is increasingly important for all ages but is especially desired by baby boomers and people with certain health conditions. IBS World *
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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