Seller's Contact Information
- RE: Franchise Specialized Beauty Salon
- Contact: Stephen Lee
- License #: 567204
Quick Facts
Asking Price: | $200,000 | |
Annual Revenue: | $312,931 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $48,710 | |
Total Debt: | Not Disclosed | |
FF&E: | 75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 5 | |
BBN Listing #: | 871119188 | |
Broker Reference #: | 001138 |
Business Overview:
A specialized premium beauty salon with high margins is available for your acquisition. This business was established in 2019 within a 1,416 SF space of a newly built retail strip center and has since been operated by the current owner. Due to its already established franchise presence, this beauty salon has excellent infrastructure for the new acquiring owner to comfortably settle into. As a result of strong brand presence and local brand awareness, quality items that brandish the franchise logo are easily recognizable by new customers. Branded clothing ware, sleeping masks, lash brushes, lash kits, make-up pads, and make-up bags are examples of merchandise available for purchase to patrons both online and in-store. Another advantage that this establishment enjoys is marketing already placed in by the corporate entity. Though direct grass-roots marketing is necessary for the new acquiring owner to capitalize on the local market, having no immediate competition and having already implemented corporate marketing is a reassuring baseline. The salon's exterior is simple and uniform to the rest of the building, and the interior is festive and brightly colored. When walking inside the establishment, prominent accent colors are immediately recognizable and attributable to the franchise name. This location is equipped with a receptionist/waiting area, four benches for waiting customers, five premium spa beds, six lockers for patron use, and one private lash room. Services that are provided range from lash extensions, full-set lashes, eyebrow tints, and lash lifts. Due to the nature of the industry type, much of the customer base is occupied by middle-aged women from the mid to upper class.
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Property Features and Assets:
This business is located in a 1,416 SF space in a retail strip center surrounded by many retail businesses and residential neighborhoods. / Inventory: $500 (Included in listed price).
Market Competition and Expansion:
Competition: There is no immediate competition within the vicinity. / Growth and Expansion: Personalized local advertisements for the business will create new revenue streams and will be hugely beneficial to the growth of sales. Owner involvement in marketing and operational functions would lower operational costs and thus creating potential growth.
Reason for Selling:
The current owners are working full-time
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
Documents:
Relevant Links:
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