Recently Renovated Nail Salon Located in Premium area of Dallas!
This nail salon is an amazing investment for someone wanting to buy a well-run business that is located in a premium spot in Dallas. The current owners recently made substantial improvements to the business such as updating the interior of the business, put in a new system tailored to nail salons to allow proper tracking of the business and upgraded the manager and staff. All of these changes have resulted in the business being seen as the best provider of nail services in the area.
The salon comes with 9 pedicure stations, 4 luxury nail stations and 1 standard nail station as well as a separate massage room which is located in a 1,582 sq ft space. The location is in a strip center which faces a well trafficked street to allow the ability to attract walk-in clients. It is also in the heart of an affluent neighborhood which allows for a convenient location for clients in the area.
The business currently has revenue of $246k (for the 7 months ended 6/24, annualized) with the expectation of continued growth given the recent improvements and how the business is currently viewed versus its competitors. For the SDE of the business, the business currently has $61k in SDE (7 months ended 6/24, annualized).
The current owners are looking for a buyer who can continue the current growth of the business as they turn their attention to other opportunities.
