Listing Number: 76931-424620
A bustling nail salon situated in a very busy mall connected to a new city center entertainment area. Nail Salon is the only one in the mall and is thriving with satisfied clients. Mall is located within the new oil & gas sector of Houston with many nail needing repair clients. Owner wants to dedicate more time with family and willing to relinquish ownership duties over to new owner and have reduced price down to $195K for a quick sell. Annual gross sales at $481K (this does not include cash sales), seller’s discretionary earnings (SDE) of $114K with a price multiple to SDE of 1.71. This is a great bargain and will sell fast!
- Price: $195,000
- Down Payment: $195,000
- Sellers Discretionary Earnings: $114,000
- Total Sales: $481,000
- Location: Montgomery County, Texas
- Inventory: $5,000
- FF&E: $25,000
- Employees: 8
- Reason for Selling: Owner wants to dedicate more time to new born child.
- Category: Beauty/Personal Care