Business Overview:
Fragrance Franchise business with 6 locations.
The corporate entity has 6 franchise locations, located in Texas, that sell their fragrance products in high-traffic (kiosk type) retail locations. The stores do over $1.5M in sales annually and the corporate entity is on pace for $375k+ in revenue for 2021.
The revenue mix is approx. 85% from wholesale sales and 15% is from licensee fee's.
The revenue model consists of Franchise Fee(Initial one-time payment License fee), Royalty Fee(monthly license fee) and locked-in sales of the company cosmetics.
This business has great opportunity for expansion.
Reach out to the listing broker, Joseph Hertz, for more details.
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Reason for Selling:
other interests
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.
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