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- RE: Best Lash Salon In Lubbock
- Contact: Not Disclosed
Quick Facts
Asking Price: | $125,000 | |
Annual Revenue: | $332,469 | |
Net Profit: | $163,741 | |
Cash Flow: | $163,741 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 7 | |
BBN Listing #: | 937082 | |
Broker Reference #: | 50823 |
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
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. 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.
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Property Features and Assets:
This salon is in a nice shopping center with great frontage and road appeal. It has 1596 sq. ft. It has a 5 year lease.
with a 5 year option. The lease is $2675 per month. The current lease expires Oct 29, 2025
Market Competition and Expansion:
There are other competitors in the area, but this one is strategically located nearest to the University.
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 a franchise resale opportunity
Relevant Links:
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