Lash Salon Franchise Resale Excellent Location!

Not Disclosed, TX
Harris County

Harris County


Asking Price: Annual Revenue:
$145,000 $358,839

Services: Hair, Nails, Spas, Tanning


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RE: Lash Salon Franchise Resale Excellent Location! Broker: Bobbi Coffey

Quick Facts

Asking Price: $145,000
Annual Revenue: $358,839
Net Profit: Not Disclosed
Cash Flow: $195,062
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 440144107
Broker Reference #: 76931-664461

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Business Overview:

Reduced - seller relocating!

This business was first established in 2017 by an owner operator and was consistently delivering solid earnings even through COVID. Current owner acquired in March 2022, with the intent of being a mostly absentee multi-unit owner. She has made several positive improvements since her ownership, including staffing appropriately so the owner does not function in an operational format (provide last services), at all. The business is well positioned for a new owner to come in and continue where she left off.

Another owner operator is also a great opportunity for someone looking to “buy a job” and performs services personally as well as ensure an appropriate staff.

2021 delivered $360k in revenue, with almost $200k in seller discretionary earnings from being owner operated. An absentee operator hiring a full-time manager to run the business would have still produced over a six-figure return. With a focus on growing revenue, adding services and steady lash technicians, this can be a solid investment run absentee, or a great source of income for an owner operator.

Financials including tax returns, bank statements and payroll reports are available from previous owner and can be provided as well as the activity of the business since this owner acquired it. However due diligence follow up will be limited to what is currently on hand, as there is no access to the previous owner.
This Amazing Lash location opened in 2017 and was profitable from the start, even through COVID. The initial investment was over $250k, which the prior owner was able to do on the low side due to family in construction and managing the build out process, therefore completed at a considerable discount. The initial investment for this franchise ranges from $251,75 – 504,000, including an initial franchise fee of $39k.

This specific location was sold from its original owner to the current owner in March of 2022. The current owner has made further improvements in saleable inventory, hiring additional technicians and training, as well as more focused marketing and further leasehold improvements.

Current owner is being unexpectedly relocated for work. Although this business is semi-absentee, they are unsure their ability to manage from a distance therefore are looking to exit.
Marketing will lead to more sales and drive more membership potential.
Strip center in anchored shopping plaza off main north Houston highway.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

relocating

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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