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Established Nail Salon Priced In Lubbock For Sale

Lubbock, Texas, US
Asking Price:
$50,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$127,318
Cash Flow:
$27,792

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.

Property Information

Real Estate:

Lease

Lease Terms:

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

Business Operation

Expansion Potential:

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.

Reasons for selling:

Moving out of state

Trading hours:

Monday - Saturday: 9:30AM-7:30PM Sunday: Noon-6:00PM

Employees:
2
Years established:
2021

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

Furniture / Fixtures value:
$36,450 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price