Asking Price: $70,000 Gross Revenue: $537,645Cash Flow: $111,899 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Prime location nail salon placed in the epicenter of a fast growing city in North Dallas is available for acquisition. This business was originally established in 2013 by the previous owner and acquired by the current owner in 2017. Quite a few competitors are found in the immediate market area, but the business is optimally placed next to one of the busiest roads in the city and easy to access than other competitors and is anchored by nationwide supermarket and other retail stores. Most of the customers are upper-class Caucasian women from the surrounding densely populated residential neighborhoods as well as foot traffic that come to the local area for the mall which is few miles away from where the business is located. Gross sales average was $485,000/year that has been consistent since the inception of the business due to the amazing location and promotional coupons that is done on a regular basis. Proactive marketing and owner's pro-active involvement are crucial to the further growth of this business as utilization of local marketing tactics will bring new set of customers and grow the overall sales of the business. There are many ways to proactively market this business such as direct mailing, social media outlets, business website, flyers, weekly specials, coupons and hiring full-time manager while the owner of the business can fully focus on marketing the business or other potential income sources. Additionally, hiring more nail technicians can be good way to provide wide range of services to all customers that consistently visit throughout the day to retain all possible sources of profit. 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. Many of the services provided at this shop such as mani, pedi, eye brow and back waxing etc. with high quality. This nail shop is located in the most optimal area for a potential buyer to come in and proactively market this business to generate the most potential revenue.
Listing ID #000777
For more info, please call Kevin Chung at 1-866-519-2421.
About the Business
Number of Employees:
This business is located in a 2,200 SF retail strip center that is anchored by a high-end nationwide grocery and retail chain in an area of heavy traffic and walking pedestrians. All equipment is in impeccable condition and in working order.
Few competitors are within the immediate market area, but this business is located in prime location with great visibility and can easily allow access to the store for customers compared to other competitors.
Growth & Expansion:
Some marketing such as Facebook, coupons, promotions in place that has grown the business, but other proactive marketing methods need to be utilized to achieve maximum income potential.
Prime Location Nail Salon Anchored by Nationwide Supermarket
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