Established Massage/Nail Salon (Upscale Clientele in Galleria area)Listing: #HT00002
About this Business for sale in HoustonEstablished Massage/Nail Salon (Upscale Clientele in Galleria area)
This independent massage salon has been in business since 2007 and caters to local upscale clientele in the Galleria area. Specializing in quality deep tissue and swedish massages, 75% of revenue is recurring. Space includes 5 rooms, 2 showers, 1 steam room, waiting area, and kitchen. Recent electrical and plumbing updates allowing new owner to add nail services. Strong growth potential as owner has done no advertising, no website, nor has social media presence. Rent is $5,500 and 1,400 sf. Located in high-visibility shopping center near 610 freeway.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.