MergerPlace

Profitable Luxury Nail & Lash Lounge

Northeast Dallas, Texas (Dallas)


  • Asking Price: $60,000
  • Gross Income: $320,000
  • Cash Flow: $60,000
  • Real Estate: Not Disclosed
  • Inventory: $3,500
  • FF&E: $40,000
  • Listing ID: #216649
  • Established: 2010
  • Employees: 2FT/1PT

Business Description

Office ID: #000892

Luxury nail salon with professional lash services placed in a fast growing city in Northeast Dallas is available for acquisition. This business was established almost a decade ago in 2010 and was later acquired by the current owner in 2017. Most of the customers are middle to upper-class individuals that live in the surrounding densely populated area and the constant traffic from major highway placed next to this business. This business is easily visible from the street and has ample parking space to accommodate for large groups. Gross sales was $320,000/year that has shown a trend of consistency for the last several years of operation due to their large dedicated customer base and the luxurious interior build-out that attracts individuals to keep coming again. Although there is no marketing done at the current time other than word of mouth, other proactive marketing methods within the immediate market area is crucial for the further growth of this business as well as growing the customer base outside of the immediate market area. Competition can be expected for businesses within this industry, but this business differentiates itself from the competition by providing professional lash services that others don't have and the interior build-out that welcomes all individuals. There are many ways to proactively market this business such as direct mailing, social media outlets, student discounts, loyalty program, online booking services, extending operation hours and increasing workforce. Combining both online booking services and increasing the workforce will provide a healthy boost in sales by reaching out to individuals that has yet to realize this business is in the local area as the city is fast-growing. This premium nail and lash salon is in the perfect condition for a potential buyer to proactively market the business while being fully involved in the day-to-day business operation.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Texas
Metropolitan Area: Northeast Dallas
County: Dallas

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2FT/1PT

Financial Information

Asking Price: $60,000
Gross Revenue: $320,000
Cash Flow: $60,000
FF&E: $40,000
Inventory: $3,500
Seller Financing Available: No

Property Information

Facilities:

This business is located in a 1,968 SF space of a premium retail strip center surrounded by high-end businesses and next to a major highway road with ease-of-access.

Growth & expansion opportunities:

There is no marketing done at the current time. Proactive marketing in the local area and through online resources is crucial to the further growth of this business.

Competition:

Competition is expected for this type of business industry, but this business differentiates itself from the competition by their professional lash related services and the beautiful modern interior design.

Reason for selling:

Health issues

Support & Training:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.

Contact Business Seller

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Business Listed By:

V-AID Group

www.v-aidgroup.com