Absentee Owned Nail Salon Earning Six Figures
Absentee Owned Nail Salon Earning Six Figures
Price: $800,000
Location: New Braunfels, TX
Industry: Other Services (except Public Administration)
Listing ID: 2307
Profitable absentee-owned nail salon is available for sale. The nail salon has an excellent location with lots of foot traffic, high visibility, and a luxurious buildout. Over $400k was invested in the buildout and equipment. The salon has management in place and long-term staff. May qualify for EB-5 Visa. Located in Targeted Employment Area, requiring a lower investment to qualify for the EB-5 Visa.
This is an excellent opportunity for someone looking for semi-absentee investments, for someone looking to own and operate a business, or for an EB-5 Visa Investor. The salon is well run but has an upside opportunity for an active owner who wishes to grow the business.
Total Sales: $1,678,165
Cash Flow: $250,892
FFE Included: Yes
FFE: $143,141
Inventory: $10,000
Inventory Included: Yes
Reason For Sale:
Relocation out of state.
Training & Support:
The current owner is offering training and support during the transition period.
Year Established: 2017
Employees: 20
Monthly Rent: $10,306
Square Footage: 3,845
Competition:
Contact us to receive a Confidential Business Opportunity Report which will highlight the competition and strengths and weaknesses of the business.
Potential Growth:
There are many opportunities for expansion and growth, including the following: adding additional services, investing in marketing, and by creating unique customer experiences to stand out from their competitors.
Financing/Terms:
Seller financing is available on a case-by-case basis, solely approved by the owner.
For more information on this listing, please complete our Non-Disclosure Agreement
