Nail Salon in Prime Woodlands Location

Contact Seller
Asking Price:
$60,000

Gross Revenue:
$169,000
Cash Flow:
$67,000
(Seller's Discretionary Earnings)

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

FF&E:
$25,000
included in asking price

Share this business:

Business Description

Salon has been in this location for 20 years. Salon owner has been there since 2014 and purchase the business for $79,000. but now wants to retire and is highly motivated to sell. The price is reduced from $75K to $60K and the owner will offer seller financing up to $20K to the right buyer. With seller discretionary earnings of $67K, the payback on this business is less than one year! Great opportunity for owner operated, or absentee owner. Currently running with 3 F/T employees and 1 P/T. The facility is beautifully decorated, has 8 brand new massage/nail chairs, plus attractive leasehold improvements and is in a highly desirable and a high traffic area close to the Woodlands Mall, The Pavilion, Market Street, Market Square, Hughes Landing and the Woodlands Resort with an established and loyal repeat customer base. The owner is looking to retire, but is willing to stay on for up to three months as an employee if the new owner wants and needs to get a license (easy - three month process). Excellent upside earnings potential with advertising to nearby hotels and resorts, establishing an internet presence, offering promotional incentives and automating current processes should be able to significantly increase revenues..

About the Business

Location:
The Woodlands, Texas
Year Established:
1998
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$36.27 Per Month
Facilities:
Established twenty years ago. Recent owner purchased in 2014. Owner is willing to stay on and manage the facility for an agreed to period. Salon has nine nail manicure tables and eight brand-new full-service manicure, pedicure. facial and massage chairs. Currently operating at half capaci-ty with no real focus on promotion. Long-term presence delivers consistent re-peat, loyal customers. Great opportunity for owner-operated or absentee owned with current owner assistance.
Contact the Seller

About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1608438
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Byron Zimmermann

Transworld Business Advisors

 Show Phone Number

View My 11 Active Listings
Sponsoring Broker:

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

U.S. Census Data for Harris and Montgomery Counties, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Harris and Montgomery Counties, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 & Conditions.