Inside Busy Mall Successful Nail Salon

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Asking Price:
$195,000

Gross Revenue:
$625,000
Cash Flow:
$110,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Very busy nail salon situated in a popular mall connected to city center entertainment area. Nail Salon is the only nail salon in the mall and is thriving with happy clients. Owner wants to dedicate more time with family and willing to relinquish ownership duties over to new owner and have reduced asking price down to $195K.

About the Business

Location:
Montgomery County, Texas
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
1,100
Rent:
$10,000.00 Per Month
Facilities:
Nail Salon is located inside of a popular mall connected to city's entertainment center

Owner purchased the nail salon in mid 2016 with idea of running it with spouse. The couple since have a new born child and wants to sell to dedicate more time to raising a family.
Market Outlook/
Competition:
No competition as the nail salon is the only one in the busy mall
Growth & Expansion:
Continue to provide consistent customer service.
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About the Sale

Reason For Selling:
Owner wants to dedicate more time to new born child.
Training/Support:
2 weeks

Listing Info

ID:
1592389
Ad Detail Views:
0

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Business Listed by

Paul Tran

Transworld Business Advisors

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Sponsoring Broker:

Gerald G. Brisson, CBI, M&AMI, CMAP
Transworld Business Advisors


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