Business for Sale Overview:
If You Love Barking Dogs & Merle Norman, You'll Love This Business! *** I contacted Merle Norman headquarters in June of 2008 and began the process of qualifying as a franchise owner. At the time, my daughter-in-law also wanted to join me in this venture. We immediately started to look for a location with the assistance of the Merle Norman Studio Development team and in October made a trip to Los Angeles to complete the required two-week training course at the Merle Norman Home Office. If we had any doubts they were certainly addressed during that two-week period. Merle Norman is a quality company with an exceptional product and a loyal following of customers from its 75year history. The executive staff is made up of people who have been with the company for many years 30, 40, & 45 year careers were the norm. You almost did not meet anyone with less than a 10-year career with the company. Exceptions being a new pool of makeup artist with expertise in the new looks and trends that keep the cosmetic industry one of the most successful of all lines of business. Think Estee Lauder, Mary Kay, Clinique just to name a few of the better know lines. Merle Norman predates them all and they have borrowed extensively in designing their products from the innovations developed by Merle Norman herself, a woman clearly ahead of her time. The Merle Norman Home Office is old guard Hollywood Glamour that has stood the test of time and continues to flourish. They have a corporate dinning room with a French Chef that boast an innovative menu enjoyed today at 25 cents per meal. Yes, you read that correctly, the price Merle Norman set for the employees when she developed the corporate dinning room as a perk for her staff is still set at the same amount today she charged so many years ago. They also have an on-site dental facility for the exclusive benefit of Merle Norman Employees with co-pays in the range of $10.00 for most procedures. The product development staff includes dermatologist and professional chemist that insure the
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
900 sq. ft. in well-established Howell Mill shopping center. Rent reduced to $1,066.50/mo. $41,000 of furnitue, fixtures, equipment and leasehold improvements.
Market Competition and Expansion:
Competition: There are many cosmetics sold at the malls, but Merle Norman Cosmetics has its own loyal customer base. ***
Growth and Expansion: Current owner feels that new owner could dramtically grow the business with $30,000 of marketing money.
Reason for Selling:
Retirement.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is a distressed business or bankruptcy situation.