Nail Salon In Prime Memorial/Galleria Area

Houston, TX
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Asking Price:$42,500
Gross Revenue:$168,000
Rent:$3,000
FF&E:$25,000
Cash Flow:$101,532
Inventory:$700
EBITDA:$101,532
Established Year:1991
BUSINESS DESCRIPTION

Located near San Felipe Street and South Voss Road, this nail salon has been established since 1991. Sales from prior owner were averaging $13,000-$15,000 monthly. 75% of sales is cash.

Assets include 5 pedicure spa chairs, 2 tables, facial machine, washer/dryer and spa bed. Lots of potential to grow revenue by opening Sundays, advertising and hiring more workers. Business is run by owner and 1 nail tech.

800 sqft space has a private facial/massage room and break room. Low $3,000 rent for this affluent area. New owner will receive long-term lease. Contact broker to schedule showing today before it is gone.


DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
30/04/2028
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Moving to Florida
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Fernando
Saldivia
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Fernando Saldivia