Nail Salon and Spa, Lakeway Texas

, Texas 8 views 0 favorites

Financial Highlights
Asking Price
$70,000
Revenue
$300,000
Business Description

This is a well-established upscaled and well-known nail salon located in a high traffic area of Lakeway Texas for the past 10 years. It represents a wonderful opportunity as we head into our peak season 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. Monthly average sales $30k. 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. BUSINESS HIGHLIGHTS: • Located in one of the fastest growing areas of Austin, Texas. • Well-established with a history of profitability. • 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. All equipment and supplies included in price. Please do not hesitate to reach out to arrange a private tour after hours. Lenwestenberg@Outlook.com Location: Austin, Texas Year Established: 2009 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 1,000 Rent: $3,750.00 Per Month Lease Expiration: 3/31/2024 Market Outlook/ Competition: 3 other salons within 5 miles. This location has been rated as the cleanest, most professional, customer loyalty and relaxing salon in the area. Growth & Expansion: Act now, May is the start of busy season. As we come out of Covid sales have increased 60% YOY.

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

Listed: Apr 18, 2022

Updated: 6 hours ago

Views: 8

Favorites: 0