MergerPlace

High Volume Multi-Service Nails and Spa

Weatherford, Texas (Parker)


  • Asking Price: $279,000
  • Gross Income: $743,064
  • Cash Flow: $167,325
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $40,000
  • Listing ID: #211430
  • Established: 2014
  • Employees: 12FT

Business Description

Office ID: #000758

Luxurious nail salon rated as one-of-the-best manicure and pedicure salon in the county is available for acquisition. This business was originally established by the current owner of the business several years back in 2014. Most of the customers are middle-class to upper-class women that attend the local college in the area as well as individuals that live in the surrounding densely populated residential neighborhoods. Sales average is approximately between $$825,000-850,000/year that has been steadily increasing since the inception of the business with some marketing on their business website. Although some marketing is in place through their website and coupons, other proactive marketing methods needs to be utilized to achieve maximum income capacity as well as growing the customer base with individuals outside the immediate market area. Competition is always expected for any business within the beauty industry, but this business has gorgeously built their interior to give a luxurious atmosphere while also providing high-quality services that match the business concept. There are many ways to proactively market this business such as direct mailing, social media outlets, loyalty program, contact local colleges, flyers and online booking services. 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. This business has everything in place for a potential buyer to proactively market this 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: Weatherford
County: Parker

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12FT

Financial Information

Asking Price: $279,000
Gross Revenue: $743,064
Cash Flow: $167,325
FF&E: $40,000
Inventory: $15,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in a 2,200 SF retail strip center placed next to a main street surrounded by numerous retail businesses and restaurants. All equipment is in impeccable condition and in working order.

Growth & expansion opportunities:

There is no proactive marketing done other than the business website.

Competition:

Few competitors are within the immediate market area, but each competitor can't compare to the quality of services as well as the luxurious interior that this business has built since inception.

Reason for selling:

Burned Out

Support & Training:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.

Contact Business Seller

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Business Listed By:

V-AID Group

www.v-aidgroup.com