Profitable Franchised Cosmetics Studio In Canton

Canton, GA
Cherokee County


Asking Price: Annual Revenue:
$150,000 $200,000

Retail: Health, Beauty, Nutrition


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RE: Profitable Franchised Cosmetics Studio In Canton Broker: Driss senhaji

Quick Facts

Asking Price: $150,000
Annual Revenue: $200,000
Net Profit: $86,608
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 2
BBN Listing #: 703456631
Broker Reference #: 00317

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Business Overview:

Retirement of the owner creates a great opportunity for a new owner to take over this business as the economy keeps turning upward, Merle Norman Boutique in a prominent area for sale, in business for over 25 years, a franchise that has no royalty, advertising or transfer fees but offers all the support a business owner can ask for.

This product line is a perfect fit for this growing market…. Canton, GA is known for its quality of living, its rich history, and shopping experience for high-end goods and services.

Merle Norman Cosmetic, headquarters in Los Angeles, California, since 1931, develops, manufactures, and distributes their nationally recognized and innovative products through independently owned and operated retail stores throughout the United States and Canada.
Merle Norman researches and develops their line of products to address the beauty and skin care needs of women of all ages. This Particular Merle Norman has indeed carried all the Merle Norman products, as well as offers ear piercing, wigs and wig accessories with plenty of room for growth for the next owner, many products and services can be added to make the business more profitable, services, such as waxing, eyebrow threading, adding none-competing merchandise is also permissible by the franchise.

The current owner of the Canton Merle Norman, of 14 years, and has built a customer base with a very loyal clientele and a database of over 12,000 customers. This studio has become an icon in the Canton Market, providing women with personalized skin care and cosmetic products, as well as other boutique and personalized products and services in a friendly and fun shopping environment, which is located in a high traffic shopping center, with major anchor tenants such as Starbucks and much more.

The business price of $150,000 includes a $35,000 worth of inventory at seller's cost so essentially, the business is being offered at $115,000, a new owner will recoup the initial investment in 16 months if not less.

PROOF OF FUNDS AND SIGNED NDA MUST BE RECEIVED PRIOR TO DISCLOSING ANY FURTHER INFORMATION. THIS IS AN OPERATING BUSINESS; PLEASE REFRAIN FROM SPEAKING TO STAFF OR MANAGEMENT. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is. 678-777-0147

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Market Competition and Expansion:

There is no other Merle Norman Studio in the area, so this studio has realized a wonderful number of devoted clients plus the incredible potential for the new owner. Adding some outside products/services (waxing, eyebrow threading, clothing, jewelry, and none-competing cosmetic products) could be added for additional income for the new owner.

Reason for Selling:

Retirement

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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