Profitable Waxing Salon – 26% Annual Growth

Savannah, GA
Chatham County

Asking Price: Annual Revenue:
$495,000 $763,726

Services: Hair, Nails, Spas, Tanning

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RE: Profitable Waxing Salon – 26% Annual Growth Broker: Timothy Dalton
License #: 206069

Quick Facts

Asking Price: $495,000
Annual Revenue: $763,726
Net Profit: Not Disclosed
Cash Flow: $177,163
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 10
BBN Listing #: 420048041
Broker Reference #: IBB1127

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Business Overview:

Own this system-driven beautifully decorated waxing salon with strong annual profits, known for providing excellent service and unique top-of-the-line products. The business has a loyal repeat client base with routine appointments scheduled weekly, bi-weekly and monthly. The responsibilities of the current owner are managing day to day operations and the trained estheticians are responsible for performing all client sessions. There is NO requirement for the new owner to have or obtain an estheticians license. The desire to be your own boss, the ability to follow a proven business system and business license are the only requirements for ownership. The business is pre-approved for SBA financing and requires a minimum down payment of only 10% which can be drawn from a retirement savings account if desired. There are Standard Operating Procedures (SOPs) already in place to help the new owner learn quickly and smoothly transition into the business. In addition, the owner will provide a favorable training and transition period. Email or call today to receive more information about this fantastic opportunity!

Financial Highlights:

· 2019 YTD – Sales trending 11% higher than 2018
· Annual cash flow increased by 43% from 2017 to 2018
· 2019 YTD – Cash flow trending upward
· SBA Pre-Approved

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Reason for Selling:

Owner wants to pursue new opportunities.

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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