Luxury Nail Salon in Upscale Area

$550,000

Dallas, TX

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Gross Revenue

$965,409

Owner's Cash Flow

$260,440

Min Down Payment

$55,000

Employees

10 FT

Business Summary

The business was founded in August 2018, with a grand opening which marked the beginning of its operations. In the years that followed, the spa has experienced significant growth and development, consistently delivering exceptional services to its dedicated clientele. The spa managed to turn a profit during the COVID–19 pandemic and grew consistently throughout 2021, 2022 and into 2023. The growth can be attributed to 3 key factors: investments made to the business website and point of sale software, a growing base of referrals from loyal customers and investments made into employee training and onboarding to keep the service quality top-notch.

Key Highlights

Year established

2018

Real estate

Leased

Reason for selling

After successfully operating and growing the business, the current owner is looking to move states.

Support and training

The current owners are willing to stay on for up to 3 months to help with the transition.

Consolidated Cashflow

To see all the financial data including a break down of the owner's salary and add-backs, request access to the confidential information

	2020	2021	2022
Gross Revenue	$742	$7,643	$4,071
COGS	$2,461	$8,568	$5,088
Gross Income	($1,719)	($925)	($1,017)
Operating Expenses	$8,545	$946	$8,120
Operating Incomes	($10,264)	($1,871)	($9,137)
Net Other Income (Expenses)	($4,022)	($5,962)	($144)
Net Income	($14,286)	($7,833)	($9,281)
Interest	$7,407	$9,917	$3,153
Depreciation	$660	$6,859	$8,616
Amortization	$392	$8,339	$6,904
EBITDA	($5,827)	$17,282	$9,392
Add-backs	$62,575	$67,077	$55,549
Owner's Cash Flow	$56,748	$84,359	$64,941

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