Highly negotiable SALON w/EXCELLENT location & PERFECT point-of-sale

Collin County, TX

Highly negotiable SALON w/EXCELLENT location & PERFECT point-of-sale

Asking Price:$69,000

Cash Flow:$4,589

Gross Revenue:$98,241

EBITDA:N/A

FF&E:$30,000

Inventory:$3,000

Established:2000

Highly negotiable SALON w/EXCELLENT location & PERFECT point-of-sale

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Business Description

Location, location, location!!! This business is surrounded by RaceTrac, QuikTrip (QT), community college, Walmart, Target, and other major corporate retailers. Located at corner of major highway and city’s main access road. Known for its reputable pedicure services since its establishment 16 years ago, other keys to this business’ success include: 1) Treat customers as if they are your family members; 2) Price services reasonably for middle-class market segment; 3) Manage lean business operation; and 4) Cut cost by training employees on how to use beauty supply efficiently and to avoid wastefulness.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
16 years solid under ONLY 1 ownership. Owner is now selling it to retire.
Competition:
While this business remained stable in the past 16 years, next door Pro-Cuts franchised store went out of business and nearby nails salons (including one located inside Walmart across the highway) changed ownerships several times. Ever wonder why? Submit your inquiry to know.
Growth & Expansion:
Highly recommending new owner to renovate the business to bring about a fresh look reflecting new ownership’s style. Absentee new owner is highly recommended to employ hair & nails booth rental model to maximize income potential from the leased space. Also, highly recommending new ownership to put the 4 vacant rooms to full operation capacity, whether they are used for facials, tanning, massage, sauna or hot tubs, or expansion room for more spa chairs or nails stations.
Support & Training:
2 weeks
Reason for Selling:
retiring

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Bao Le

Business Listed By:
Bao Le

Transworld Business Advisors

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Sponsoring Broker:
Saleem Marwat

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