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Niche Nail Salon Franchise In The Woodlands
Location: United States -> Texas
Industry: Hair and Beauty > Beauty Salons and Barber Shops




Business Summary

Innovative franchise nail salon known for manicures, pedicures and waxing services. Businesses niche model focuses on the salon experience, by providing an energetic upbeat environment complemented by a luxury bar experience offering specialty cocktails. Recognized as the first SBA approved nail franchise in the nation, this business is strategically positioned in a new north Houston strip center space of 2,404 SF. Seller opened this location in 2020 and invested over $335,000 in the business. Sale includes FF&E, leasehold improvements, and inventory valued at $25,000, there will be no transfer fee for the franchise. Total sales for 2020 were in the order of $409,979, despite several months of closure due COVID-19 restrictions. Business is fully staffed with 13 employees including a full-time manager and 10 nail technicians. An assumable SBA loan of approximately $260,000 is transferable to a qualified buyer.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $409,979
Cash Flow:   $32,760
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,280
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  moving

Photos

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Niche Nail Salon Franchise In The Woodlands Photo 1




Print Listing Id: 700356981
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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