Beauty Supply Store with Opportunity for Growth!

New Orleans, LA
Orleans Parish

Metroplex


Asking Price: Annual Revenue:
$610,040 $513,605

Retail: Health, Beauty, Nutrition


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RE: Beauty Supply Store with Opportunity for Growth! Broker: Seller of Business

Quick Facts

Asking Price: $610,040
Annual Revenue: $513,605
Net Profit: $154,362
Cash Flow: $154,362
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,500,000
Year Established: 1997
Employees: 5
BBN Listing #: 183853282
Broker Reference #: 6702

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Business Overview:

Located in the New Orleans Metroplex this well-established beauty supply store with seasoned employees has been delivering up profits with two streams of revenue. For years they have been providing local customers with affordable women's hair and cosmetic services. No customer leaves dissatisfied as their reviews can prove. Through their hard work and quality service they have earned an excellent reputation throughout the local community.

In addition to quality hair products the company owns the building complex that it is located in. As well as operating their business from this complex, they also rent out spaces to other local companies and each lease is another profitable revenue stream that comes with the company.

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Market Competition and Expansion:

Like many businesses specializing in discretionary services, the beauty salon industry has enjoyed the spike of per capita income in America over the past 5 years. Now that the average consumer has more discretionary income than ever, sales for industries such as the beauty industry are on the rise. The company has certainly benefited from this spike and the combination of this with their reputation for quality and excellence things are looking up for the company.

Reason for Selling:

Owners are retiring.

Additional Details:

  • The property is owned.
  • 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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