Seller's Contact Information
- RE: Waxing Salon Franchise In Austin, TX
- Contact: Charles Helms
Quick Facts
Asking Price: | $320,000 | |
Annual Revenue: | $427,347 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $127,061 | |
Total Debt: | Not Disclosed | |
FF&E: | 57,498 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 5 | |
BBN Listing #: | 772339160 | |
Broker Reference #: | 16656 (320K) |
Business Overview:
A rare opportunity to purchase a successful Waxing Salon franchise in Austin, Texas - without all of the initial startup costs and concerns! 2021 revenues are in excess of $330K and the 2022 projected revenues are estimated to be in excess of $427K. 2021 owner benefit is in excess of $88K and the 2022 projected owner benefit is estimated to be in excess of $127K, which represents over a 43% increase in owner benefit! 2022 revenues have already exceeded $284K with an owner benefit of $84K. A well-established business embedded in the Austin community with a track record of positive growth, year after year. There is an opportunity for growth with an active owner-operator. Currently, this particular Salon is run absentee. In addition, there is an opportunity to increase revenue with cross marketing, promotion deals, and expanding the clients that this Salon has not tapped into yet. The Austin market has more tolerance for additional Salons and this would be a great start to adding more to a portfolio. Contact us now to learn more about this exciting opportunity!
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Reason for Selling:
Other Business Interest
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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