Description Unique and upscale nail salon located in high end spot of Dallas is now available for an acquisition. The area this salon is part of is comprised of an eclectic mix of boutiques, restaurant, and various established retailers. The owner had spent top dollars on design and branding this concept which in result established a strong clientele base for the past 8 years. The unique concept and branding is the ones that set them apart from other competitions.
An annual revenue of over $500K that has been consistently generated for the past 4 years is interesting feat considering that the salon has been an owner absentee. With that being said, this salon still has a plenty of capacity and opportunities for a growth when there is an active owner's involvement in place. The above SDE is based upon one owner working on a full time basis. This is a great opportunity to acquire an upscale, professionally branded nail salon located in high end Dallas.
For more info, please call Moon Kim at 1-866-519-2421 Ext. 101.
Asking: $249,000
Furniture, Fixtures & Equipment: $59,000 (Included in listed price)
Inventory: Not Disclosed
Financing: 100% cash at closing or third party financing with 30-40% cash down.
Facilities: Occupied in a 1,120 SF of retail-residential development in high-end Dallas. This nail salon is not one of those mom and pop salons out there but an upscale nail salon with an unique concept and branding.
Competition: Few competitions are found in a close market area, however, no salon has an unique concept and branding as this salon does, and this salon has been consistently generating over $500K per year in revenues regardless of the competition.
Growth And Expansion: Owner cannot physically be present at the salon as the owner resides out of state. Being actively involved in the operation will enhance the service which in result will increase revenues and profit.