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Health & Personal Care

Nail Salon business

Frisco, TX, USA
Updated 5 hours ago

Opportunity to purchase brand new, upscale, well stocked nail salon in a busy, high traffic shopping center in an affluent area in far north Dallas. Very upscale clients who tip the shop employees extremely well. Very attractive & bright well laid out operation with a beautiful reception area & a nice bar area that offers complimentary drinks. Has 8 pedicure stations, 5 manicure stations, facial waxing station, break room & laundry room & an A.D.A. compliant bathroom. One of the original nail salons in Frisco opened over 25 years ago (was originally called Frisco Nails). Seller is the 3rd owner in that time to do extensive remodeling. Business closed for remodeling from March/2022 until May/2022. Brand new items include interior leasehold improvements and equipment (washer, dryer, refrigerator & ice maker) plus a towel warmer & hot stone warmer. The landlord has committed $12,000 for a new HVAC system when needed in the future. Current owner inherited a shop left in disrepair by the previous owner and with a terrible reputation and average services. New owner has cleaned up the shop (literally) as well as erased it’s poor reputation. The business is primed for a dedicated owner/operator buyer with the talent & drive to take it to the next level without substantial startup costs & working capital reserves necessary to open & start a new shop from nothing which would easily total more than $85,000. This shop is only open 5 days per week. There is an opportunity to increase revenues by expanding the hours and open 6-7 days per week as is the case with most nail salons. EXTREMELY MOTIVATED SELLER!! PRICED TO SELL QUICKLY!! The owner is committed to other full time business endeavors and just does not have the time necessary to manage and maximize this potential. Seller will provide on-site training after the purchase, provide on-call telephone assistance after completion of the training and sign a no competition agreement. SALE OF BUSINESS EXTREMELY CONFIDENTIAL!! Employees and customers unaware of seller intentions. Business to be seen as a customer only and please act like one. DO NOT CONTACT EMPLOYEES OR OWNER!! Any closer looks at the business or meetings with the owner are to be done after hours by appointment only through the broker who has all of the necessary information. For further info contact owner’s representative Stocker Travis at 214-233-6481 or email to [email protected] Business Hours: Tuesday - Saturday 10 AM - 7 PM Seller will provide on-site training after the purchase, assist in securing retention of employees, provide on-call telephone assistance after completion of the training and sign a no competition agreement. The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker. The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.

Size

1,050 SQFT

Status

Business Off Market

Inventory

$6,500

Established

25 years

Business Hours

Tuesday - Saturday 10 AM - 7 PM

Reason for Selling

The owner is committed to other full time business endeavors and just does not have the time necessary to manage and maximize this potential.

Financials

Asking Price
$35K
RevenueMost Recent Year
$50K
Earnings (SDE)Last Reported
$11K
Assets ValueNot Included in Asking Price
$30K
Seller Financing
Not available

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