High Volume Multi-Service Nails and Spa

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Asking Price:
$279,000

Gross Revenue:
$743,064
Cash Flow:
$167,325
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Luxurious nail salon rated as one-of-the-best manicure and pedicure salon in the county is available for acquisition. This business was originally established by the current owner of the business several years back in 2014. Most of the customers are middle-class to upper-class women that attend the local college in the area as well as individuals that live in the surrounding densely populated residential neighborhoods. Sales average is approximately between $$825,000-850,000/year that has been steadily increasing since the inception of the business with some marketing on their business website. Although some marketing is in place through their website and coupons, other proactive marketing methods needs to be utilized to achieve maximum income capacity as well as growing the customer base with individuals outside the immediate market area. Competition is always expected for any business within the beauty industry, but this business has gorgeously built their interior to give a luxurious atmosphere while also providing high-quality services that match the business concept. There are many ways to proactively market this business such as direct mailing, social media outlets, loyalty program, contact local colleges, flyers and online booking services. Due to the large percentage of customers being walk-in, providing a method of booking through their website will allow for busy individuals especially students to plan services needed on a weekly basis. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000758
For more info, please call Kevin Chung at 1-866-519-2421.

About the Business

Location:
Weatherford, Texas
Year Established:
2014
Number of Employees:
12FT
Facilities:
This business is located in a 2,200 SF retail strip center placed next to a main street surrounded by numerous retail businesses and restaurants. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few competitors are within the immediate market area, but each competitor can't compare to the quality of services as well as the luxurious interior that this business has built since inception.
Growth & Expansion:
There is no proactive marketing done other than the business website.
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About the Sale

Reason For Selling:
Burned Out
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1586169
Ad Detail Views:
0

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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