Prime Mall Location High-End Nail Salon

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Asking Price:
$100,000

Gross Revenue:
$240,000
Cash Flow:
$50,000
(Seller's Discretionary Earnings)

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

FF&E:
$200,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Prime mall location high-end nail salon with gorgeous interior decor and the only nail salon in the mall are available for acquisition. This business was originally established in 2016 by the current owner of the business. Competition can be expected for this type of business industry, but this business has no true competitor that is within the immediate market area and easily dominates the area as the sole nail salon of this mall. Most of the customers are upper-class individuals that are from the surrounding densely populated residential neighborhoods and constant pedestrian traffic throughout all times of day within the mall. Net sales average projected at $220,000/year that has been steadily increasing throughout the time of establishment and present time due to some marketing done locally during the initial start of the business. While some marketing has been done through coupons and website, other methods of proactive marketing is needed if this business is to truly increase cash flow and customer acquisition. There are many ways to proactively market this business such as flyers, weekly specials, more manpower/staff, update interior design, direct mailing, re-introduce coupons and adding more services that is beauty related. Expanding the current services will be extremely beneficial as more beauty services will allow this business to dominate the area for the beauty industry. Various products are provided at this nail salon that range from manicures, pedicures, waxing, eyelash care, nail care, neck massage, shoulder massage, and foot massage. This business has everything in place for a potential buyer to generate more cash flow with proactive marketing and full-time involvement in the day-to-day operations.

Listing ID #000501
For more info, please call Stephen Lee at 1-866-519-2421.

About the Business

Location:
Fort Worth, Texas
Year Established:
2016
Number of Employees:
4FT/3PT
Facilities:
This business is located in a 1495 SF retail spot within the mall that is surrounded by many corporate businesses and immense traffic from mall pedestrians.
Market Outlook/
Competition:
There are no true competitors within the immediate market area.
Growth & Expansion:
Proactive marketing was done during the first few months of the business, but other proactive marketing tactics are needed to generate more cash flow.
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About the Sale

Reason For Selling:
Health Reasons
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 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1645046
Ad Detail Views:
404

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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