Priced To Sell - Lash Studio in Excellent Location

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$75,000 $694,086

Services: Hair, Nails, Spas, Tanning


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RE: Priced To Sell - Lash Studio in Excellent Location Broker: Bobbi Coffey

Quick Facts

Asking Price: $75,000
Annual Revenue: $694,086
Net Profit: Not Disclosed
Cash Flow: $273,513
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 67044107
Broker Reference #: 76931-724871

Email or Print Listing

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Business Overview:

Reduced to move! Motivated sellers - all cash only.

Current owners acquired in November 2021, from the previous owner who acquired right before COVID and paid over $200,000 for the business. Salon was established nearly 10 years ago and has been at this location since 2013. Business is running absentee; however new owners have an immediate need to relocate and do not want to oversee completely remote. Since taking over, new ownership has focused on restaffing and adding services and working on marketing concentration. Now fully staffed, working on building back clientele.

This location is excellent and has a known history and just needs continued help to recover from the pandemic. For comparison purposes, sales in 2019 were more than $600,000, with over $20,000 in delivered profits per month. Great location near the Galleria, is known to existing repeat clients.

Ideal for an owner operator or investment purchase, either should continue to add services and retain reliable employees to return to pre-pandemic earnings, which were an impressive $220,000+ per year.

Rebounding from COVID, and will conitnue to do so, with more owner involvement.

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Reason for Selling:

Relocation

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 not a franchise resale opportunity.

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