Nail Salon In Prime Memorial/Galleria Area
Asking Price: | $42,500 |
Gross Revenue: | $168,000 |
Rent: | $3,000 |
FF&E: | $25,000 |
Cash Flow: | $101,532 |
Inventory: | $700 |
EBITDA: | $101,532 |
Established Year: | 1991 |
Located near San Felipe Street and South Voss Road, this nail salon has been established since 1991. Sales from prior owner were averaging $13,000-$15,000 monthly. 75% of sales is cash.
Assets include 5 pedicure spa chairs, 2 tables, facial machine, washer/dryer and spa bed. Lots of potential to grow revenue by opening Sundays, advertising and hiring more workers. Business is run by owner and 1 nail tech.
800 sqft space has a private facial/massage room and break room. Low $3,000 rent for this affluent area. New owner will receive long-term lease. Contact broker to schedule showing today before it is gone.