Located in a trendy, bustling area. The facility has several upgrades for customer enjoyment and technician efficiency - in ground ventilation, complimentary beverages, and additional luxury services. Full time manager and other tenured staff.
Owner financing available with up to 20% down.
Overall service price increase of 7-9% is in process. First major price increase in several years.
Nail tech employees increased from 11 to 15 in January 2024.
Seller operates salon less than 25 hours per week.
Financial Information
$199,000
Asking Price
$104,000
Cash Flow
$591,808
Gross Revenue
Yes
Financing
Business Location
City:
Houston
State:Texas
Financing Comments
Owner financing available with up to 20% down.
Reason for Sale
Owners are pursuing other business interests
Detailed information
Year Established:
Home Based:No
Franchise:Yes
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 15
Part-Time Employees:4
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$1,000
Monthly Rent:
$7,400
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 2404
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.