Absentee Owned Beauty Care Studio

Portland, OR
Multnomah County

Asking Price: Annual Revenue:
$690,000 $1,220,430

Services: Hair, Nails, Spas, Tanning

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RE: Absentee Owned Beauty Care Studio Broker: Jason Blair
Owner Financing is Available!

Quick Facts

Asking Price: $690,000
Annual Revenue: $1,220,430
Net Profit: Not Disclosed
Cash Flow: $327,355
Total Debt: Not Disclosed
FF&E: $26,565
Real Estate: Not Disclosed
Year Established: 2015
Employees: 11
BBN Listing #: 941552348
Broker Reference #: 59071-626770

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Business Overview:

A Portland based beauty studio providing a wide range of services by trained estheticians which include hair removal, skin care consisting of a variety of therapeutic facials, and make-up consultations. Monthly memberships for various service packages are available and provide recurring revenue. Target market includes services for women and men. In addition to services, the business has created and features their own product line of various beauty products which are used and sold to clients in the studio and available through e-commerce sales via their website. All products are environmentally safe, meet high standards of quality and are made without harmful ingredients such as parabens, sulfates, phthalates, dyes, perfumes or testing on animals.

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Property Features and Assets:

The salon started in April of 2015, wanting to break beyond traditional “beauty business standards” by creating a skin care studio that was as unique as Portland itself. A studio that beautified Portland, while also giving back to our community and setting a high standard for how the “Skin Biz” should be done. They blend ancient beauty rituals with cutting edge skin care treatments.

Market Competition and Expansion:

There are a range of hair removal methods currently available. Many are “expensive and intensive” to perform and have variable reviews in terms of success rates and client satisfaction.The technique that is used in this beauty studio is a skill and with the training program in place separates them from the other salons as many esthetician operators prefer waxing as it easier to train and less challenging as part of a basic overall application approach. The unique method is a skill which takes longer to master but once perfected the techniques provide a clear advantage over other salons and the shops that provide this service are viewed as the trend setters with uniquely differentiated services for exceptional results and superior customer satisfaction. With a product line in place that the estheticians can promote and sets this shop apart from all other competition. Potential Growth: The global market for hair removal is set to continue with excellent growth and is expected to reach a projected world-wide value of 1.35 Billion USD by the end of 2022. This figure represents all modalities available for hair removal and reflects the rising trend for hair removal to meet the beauty expectations for a good and groomed physical appearance, especially among younger consumers. With this business proven sales, it is a great opportunity to take it to the next level to franchise or open more shops throughout the city.

Reason for Selling:

Other opportunity.

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 not a franchise resale opportunity.

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