Established, Profitable Nail Salon in Major Growth Area!

This is a well-established and well-known nail salon located along one of the fastest developing corridors of Collin County. It represents a wonderful opportunity for someone looking to have their own salon, take over the current business, or expand their existing concept into this rapidly growing market. Given its profitability, it is ideal for a semi-absentee or owner-operator. While the business was naturally affected from March 2020 through March 2021 due to COVID-19 and the resulting state health regulations, the business still grossed sales over $225,000 in 2020 and almost $300,000 in 2021. The salon enjoys 80% repeat business; excellent online reviews; and has been rated one of the top 3 nail salons in the area. Given its location, loyal clientele, and spacious, relaxing setting, the salon is well-positioned to continue its success. With the huge growth in the nearby residential and commercial market, success for such a high-quality, established salon is likely to mean both higher revenue and profitability. For family reasons, the owner has decided to sell, so it will the new owner(s) that will enjoy these future financial rewards. BUSINESS HIGHLIGHTS: • Located in one of the fastest growing counties in the U.S. • Well-established with a history of profitability. • Fully staffed could achieve sales of $450,000+ due to local, growing demand. • Excellent online reputation (4.3-star reviews) for its consistent, high-quality services. • Strong, loyal customer base due to the wide range of spa services offered. • Turnkey operation with no further investment required due to the well-maintained property and excellent working condition of the equipment. • Opportunity to offer additional services using the salon’s 2 private spa rooms. Location: Collin County, Texas Year Established: 2017 Number of Employees: 7 Real Estate: Leased Building Sq. Ft.: 2,404 Rent: $5,811.00 Per Month Lease Expiration: 4/1/2024 Facilities: Highly visible store front. All service equipment in excellent working condition. VIP room, plus 2 private spa rooms. Plenty of parking.