Xin Chao Nails
About this opportunity
For nine years, Xin Chao Nails has proudly established itself as one of the best nail salons in the area, utilizing high-quality products to ensure exceptional service. They offer clients the ultimate pampering experience in manicures and pedicures, treating nails as tiny canvases to create stunning works of art. Whether their clients are looking for a simple buff, a touch of cuticle oil, and a classic coat of polish, or bold acrylics with unique nail art, they cater to all their client’s needs with respect and care. Opportunity knocks with the business being able to accommodate more clientele with 5 station pedicure chairs and 3 station nail tables which are not currently fully utilized due to limited staff on hand.
Business Story
This turnkey operation offers a unique opportunity for entrepreneurs entering the beauty industry. The business model capitalizes on the increasing demand for personal grooming services while leveraging the benefits of a vibrant retail environment. The key advantages of this business in its current location include high foot traffic, convenience for customers, networking opportunities with neighboring businesses, a diverse clientele, enhanced brand exposure, and significant potential for expansion.
First and foremost, this turnkey operation comes with an existing client base, which means immediate cash flow without the lengthy process of building a customer list from scratch. The established clientele provides consistent revenue, reducing the financial risk associated with starting a new business. Additionally, this business includes trained staff, established supplier relationships, and operational systems in place, allowing new owners to focus on growth and customer satisfaction rather than the logistical challenges of setting up a new shop.
A drop in sales at Xin Chao Nails can be attributed to the loss of a full-time nail technician, that has not been replaced. This sudden vacancy reduced the salon’s capacity to accommodate appointments. To improve the situation, the business could implement a hiring strategy to attract qualified technicians. Additionally, promoting flexible scheduling and enhancing marketing efforts—such as loyalty programs or referral discounts—could help rebuild the client base and boost sales during this transitional period.
Xin Chao Nails presents an appealing opportunity for prospective buyers due to its low-cost entry point, making it accessible for a buyer looking to invest in the beauty industry. This affordability will allow a new owner to enter the market without a substantial financial burden, enabling them to focus on growing the business. Additionally, Xin Chao Nails is well-suited for 491 visa applicants, as it aligns with the requirements for regional business ownership. Owning this salon not only provides a viable path to residency but also offers a chance to contribute positively to the local community while establishing a rewarding career in a thriving sector.
If this opportunity resonates with you, don't hesitate to reach out by giving us a call today or clicking on enquire now. Your journey to nail salon ownership starts here!
Our People
Denny has a long career in all forms of business including Corporate Management with International and National FMCG organizations, with vast experience in the fields of Operational Management, Sales and Marketing Management, Franchise Business Management to Small Business Owner / Operator of Motels, Courier and Supermarket businesses.
In 2007 Denny saw the need for a good communicator with a strong understanding of business operation to offer a Business Broking service second to none. Denny's combined experienced gained over many years in the Corporate world and small business ownership has taken Business Brokering to new heights with with the Business Sales Group that includes NQ Business Sales, CQ Business Sales FNQ Business Sales and SEQ Business Sales, a very automated business utilizing technology to gain reach with unprecedented response in offers, time and product in the most professional manner.
Denny's focus is to satisfy Sellers and Buyers during transactions to deliver only good outcomes. In addition to this grow the business base and maximize the use of latest technologies to deliver a quality product.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.
