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Impressive Salon Nail Spa In Katy For Sale

Katy, Texas, US
Asking Price:
$70,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$352,000
Cash Flow:
$84,000

TRANSWORLD BUSINESS ADVISORS OF HOUSTON.

Affordable, upscale full-service salon nails and spas are 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 their expectations. Business offers services including cut & style, color treatments, nail, and facial treatments. 2023 annual revenues were $352K.

7 hair stations, 6 pedicure stations, plus a private services room. Monthly rent is approximately $5,300 for 2,100 square feet. Beauty services are on the rise; take advantage of this opportunity. Approximately $50K (new price) in FF&E, over $50K in leasehold improvements, and approximately $10,000 in supply inventory are included in the sale price.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $5,300.00

Square Units (Foot, Meter): 2,100

Lease Expiration Date: July 30, 2027, 10:00:00 PM

Terms Options: 5 Year Renewal

Location:

Facilities: Newer Retail Strip Center

Premises Details:

FF&E Overview: 7 Hair Stations and 6 Pedicure Stations plus Facial Treatment Room

FF&E General Condition: Well maintained

Business Operation

Expansion Potential:

External factors that will contribute to growth:
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 that will contribute to growth:
o Hiring an additional Stylist.
o Hiring specialized service providers such as Masseuse.
o Continue making regular high revenue clients feel special.
o Increase marketing in local area.

Reasons for selling:

Personal Reasons

Trading hours:

Monday - Saturday: 9:00 AM – 7:00 PM Sunday: 10:00 AM – 6:00 PM

Employees:
4
Years established:
2017

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 1

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price