Modern Nail Salon
Business Description
Price Reduced - Motivated Out of State Seller
Modern nail salon franchise with established staff and clientele. Membership model. Excellent location in a higher end Austin suburb. Strong revenue base from which to grow. Motivated sellers who have relocated out of state. This business is being offered for less than the cost to start new. Strong established franchise brand.
The franchisor requires $150,000 liquid and a $500,000 net worth to qualify to be an owner in their system. This business has improving financials and is not yet profitable.
The franchisor requires $150,000 liquid and a $500,000 net worth to qualify to be an owner in their system. This business has improving financials and is not yet profitable.
About the Business
- Years in Operation
- 5
- Employees
- 8
- Franchise
- This business is an established franchise
- Facilities & Assets
- The business operates out of 1425 ft.2 commercial retail space easily accessible from a main 4 lane roadway.
- Market Outlook / Competition
- This business has strong differentiators.
Nail services make up $20B of the $20.6B Personal Nails and Waxing Salons industry
The global spa/salon market is forecast to grow at an annualized rate of 4.6% to $25.8B from 2022 to 2027
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, - Opportunities for Growth
- More marketing and general community engagement.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,425
- Rent
- $4,700.00 per month
- Lease Expiration
- 10/31/2030
About the Sale
- Seller Motivation
- Retirement and relocation
- Transition Support
- As needed to insure a smooth transition and as required by the franchisor.
Listing Info
- ID
- 2273229
- Listing Views
- 2795
Listing ID: 2273229 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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