2,400 SF New Nail Salon in Sherman, TX for Sale | Potential Growth

, Texas 2 views 0 favorites

Financial Highlights
Asking Price
$350,000
Revenue
$600,000
Business Description

- New salon located in Sherman, 30 minutes driving distance from McKinney. The owner invested more than $350,000 for the build out and equipment. - Contemporary design, spacious layout. - There are 16 chairs, 8 tables, and 7 technicians. - Rent: $4,500 per month including NNN. 5 years lease term and 5 years renewal option. - Monthly net operating income: $17,000-$18,000 just after a few months of opening. Location: Sherman, Texas Year Established: 2021 Number of Employees: 7 Home Based: Yes Real Estate: Leased Building Sq. Ft.: 2,400 Rent: $4,500.00 Per Month Market Outlook/ Competition: There is not many nail salons in the area. Growth & Expansion: The business just opened for approximately 6 months. There is room to grow.

Business Details
Industry:
Beauty & Personal Care
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 1 week ago

Views: 2

Favorites: 0