Nail Salon Priced to Sell Fast in Lubbock

Lubbock, TX
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Asking Price:$50,000
Gross Revenue:$127,318
Rent:$2,200
Established Year:2021
Cash Flow:$27,792
Inventory:$30,000
FF&E:$36,450
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-215689

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.


DETAILED INFORMATION
Location
Lubbock, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,408
Lease Expiration
30/01/2027
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: 2 Year Renewal Option
Growth & Expansion
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.
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
Moving out of state
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Tanner
Noble
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Tanner Noble