Do you want to earn 27% return on your investment? This absentee run business could provide this level of return with just performing minimal oversight.
Affordable upscale full-service salon nails and spa elegantly created. Customers are treated with the utmost respect and will receive nothing less than first-class service. Staff members do their best to ensure engagement with clients exceeds expectations. Business offers services including Cut & Style, Color Treatments, Nail, and Facial Treatments. 2026 Annual Revenues projected at $225K. 7 Hair Stations, 6 Pedicure Stations plus a private services room. Monthly rent is approximately $6,050 for 2,100 square feet. Beauty services are on the rise, take advantage of this opportunity. Approximately $22K in FF&E, over $80K in Leasehold Improvements, and approximately $1,500 in Supplies Inventory included in sale price.
The Seller provides oversight and is not one of the service providers. It is a great addition to an existing salon or stylist/technician operator.
- Asking Price:
- $95,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $225,000
- Cash Flow:
- $26,075
Property Information
- Premises Details:
-
The founding owner opened this location in August 2017. Created a luxurious quality image for the salon with premium products and services. The location is easy to find and has great street front exposure. The location is in a growing area of Katy, TX with average clientele in the middle to upper middle household income. The current owner provides oversight only and is not one of the stylists or nail technicians.
- Size in square feet:
- 2,100
- Planning Consent:
-
Monthly Rent
$5.300,00
Square Units (Foot, Meter)
2,100
Lease Expiration Date
July 30, 2027, 10:00:00 PM
Terms Options
5Yr. Renewal
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
External factors:
o Growing economy
o Population growth in the general area
o Positive Industry Trends
o Positive changes to the area surrounding the business
Internal factors:
o Hiring additional Stylists.
o Hiring other specialized service providers.
o Increase marketing in the local area.
- Competition / Market:
-
Hair and Nail Salon's operate in a highly competitive consumer market. Differentiation by quality of service is critical.
- Reasons for selling:
-
Personal
- Trading hours:
-
Mon-Fri: 09:00am -07:00pm Sat. 09:00am – 06:00pm Sunday: 10:00am -05:00pm
- Employees:
- 7
- Years established:
- 2017
Other Information
- Support & training:
-
2 weeks
- Furniture / Fixtures value:
- $22,000 - included in the asking price
- Inventory / Stock value:
- $1,500 - included in the asking price
