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- RE: Beautiful Salon Suites-Primarily Nails-Exceptional
- Contact: Not Disclosed
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $332,249 | |
Net Profit: | $163,741 | |
Cash Flow: | $163,741 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | $1,848,000 | |
Year Established: | 2010 | |
Employees: | 7 | |
BBN Listing #: | 884335290 | |
Broker Reference #: | 050922 |
Business Overview:
This is a profitable business that is well established and very popular. The salon is well known and respected in the community. It is in a busy traffic neighborhood experiencing accelerated growth in recent years. The business has many loyal clients providing stable repeat sales. This business offers a range of beauty salon services. These range from normal lashes extension to new trending styles and a variety of custom looks.
Their mission has been to give customers the best value for their money with a service they will remember positively for a long time. Services offered include
Beauty Salon
Classic Lashes
Eyelash correction
Eyelash Service
Lash Extensions
Lash Salon
Waxing.
This salon offers high quality and unique lash products. While staying on top of current trends they are. also creating new techniques, and popular new styles. (Note they have a 4.6 star rating on Google Reviews)
The majority of their business comes from word of mouth when one customer tells a friend, family, or co-worker about their positive experience. They also have loyalty and memberships for regular clients. Also their social media following is substantial and growing. Individuals in the area are becoming more beauty aware, concentrating on looking smart. Lash extensions are a fashion standard for many clients who want an eye makeover. There is a growing emphasis on beauty and looking good with an increasing application of lash extensions, It is predicted that eyelash care will continue to steadily grow. Don’t miss out on seeing just how nice this business is!
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Property Features and Assets:
This Salon is in a nice shopping center with great frontage and road appeal. It has 1,596 square feet. It has a 5 year lease with a 5 year option. The lease is $2,675 per month. The current lease expires Oct 29, 2025.
Market Competition and Expansion:
Competition: The owner will provide 2 weeks of free on-site training, as well as 3 months of free phone consultation on an as needed basis. Growth & Expansion: Could double business using Google.
Reason for Selling:
Moving out of state.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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