Business Overview:
This Business is an Award-winning beauty and spa services provider based in Minneapolis/St. Paul with a recent, national expansion. They provide hair, makeup, and spa services on location to their clients, primarily, but limited to wedding parties and other group events. The business model utilizes a low overhead structure with most of the costs variable on the number of events. The specialized stylists and service providers are paid a percentage of revenue from the events, supply their own products, and carry their own inventory. Among the advantage the stylists enjoy are a backlog of events, selective booking, back office support, and the Company’s market presence. The seller does not perform any of the services. Most of the wellers duties are home based.
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Property Features and Assets:
The Company leases a cooperative office space and the seller works from home.
Market Competition and Expansion:
There are many opportunities for growth, including recruitment of additional stylists and entering new markets. There is currently a high demand for services to support aggressive growth.
Reason for Selling:
Moved
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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