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- RE: Nail Salon Priced To Sell Fast In Lubbock
- Contact: Tanner Noble
Quick Facts
Asking Price: | $50,000 | |
Annual Revenue: | $127,318 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $27,792 | |
Total Debt: | Not Disclosed | |
FF&E: | $36,450 | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 2 | |
BBN Listing #: | 939432 | |
Broker Reference #: | 76931-215689 |
Business Overview:
Established in 2021, this Nail Salon is well positioned for a turnkey owner/operator. The current owner has spent ~$37,000 in FF&E to make a beautiful interior finish out sure to attract clients. The current Owner had a 2022 SDE of ~$28,000.
The current owner is selling in order to have more time to visit family out of state. Current owner is willing to stay on as a nail tech for the right buyer and terms.
This business would be perfect for someone wanting to start a nail salon or add an additional location without the headache of spending time and money to build out the interior. A new owner will benefit from getting less than 2-year-old equipment for a discounted price, and an established, well located business with recurring clients, with the opportunity to add additional technicians and grow the business.
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Property Features and Assets:
Monthly Rent: $2,200.00
Square Units (Foot, Meter): 1,408
Lease Expiration Date: January 30, 2027, 10:00:00 PM
Terms Options: 2 Year Renewal Option
Market Competition and Expansion:
Expansion: Outstanding customer service the adage "the customer is always right" is accurate when discussing how to run a profitable nail salon. Constantly paying attention to the needs of the clients and working hard to professionally fulfill them is top priority. Adding additional nail techs and estheticians will continuously grow the revenues. Any new owner should post on Instagram, Facebook, and TikTok and pay for social media marketing in addition to Google Ads.
Additionally, adding more nail technicians who can paint acrylic nails would be a huge value add. Currently the owner is turning away multiple customers per day because they do not have enough people to take on the acrylic business.
Reason for Selling:
Moving out of StateAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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