Prime Mall Location High-End Nail Salon

Fort Worth, TX (Tarrant County)

Prime Mall Location High-End Nail Salon
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Asking Price: $100,000

Cash Flow: $50,000

Gross Revenue: $240,000

EBITDA: N/A

FF&E: $200,000

Inventory: $5,000

Established: 2016

Prime Mall Location High-End Nail Salon

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Business Description

Prime mall location high-end nail salon with gorgeous interior decor and the only nail salon in the mall are available for acquisition. This business was originally established in 2016 by the current owner of the business. Competition can be expected for this type of business industry, but this business has no true competitor that is within the immediate market area and easily dominates the area as the sole nail salon of this mall. Most of the customers are upper-class individuals that are from the surrounding densely populated residential neighborhoods and constant pedestrian traffic throughout all times of day within the mall. Net sales average projected at $220,000/year that has been steadily increasing throughout the time of establishment and present time due to some marketing done locally during the initial start of the business. While some marketing has been done through coupons and website, other methods of proactive marketing is needed if this business is to truly increase cash flow and customer acquisition. There are many ways to proactively market this business such as flyers, weekly specials, more manpower/staff, update interior design, direct mailing, re-introduce coupons and adding more services that is beauty related. Expanding the current services will be extremely beneficial as more beauty services will allow this business to dominate the area for the beauty industry. Various products are provided at this nail salon that range from manicures, pedicures, waxing, eyelash care, nail care, neck massage, shoulder massage, and foot massage. This business has everything in place for a potential buyer to generate more cash flow with proactive marketing and full-time involvement in the day-to-day operations.

Listing ID #000501
For more info, please call Stephen Lee at 1-866-519-2421.

Detailed Information

Location:
Fort Worth, TX
Inventory:
Included in asking price
Employees:
4FT/3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 1495 SF retail spot within the mall that is surrounded by many corporate businesses and immense traffic from mall pedestrians.
Competition:
There are no true competitors within the immediate market area.
Growth & Expansion:
Proactive marketing was done during the first few months of the business, but other proactive marketing tactics are needed to generate more cash flow.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Health Reasons
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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