Seller's Contact Information
- RE: Wedding Beauty Coordinator-Remote Business Owner
- Contact: Charles Durkin
Quick Facts
Asking Price: | $450,000 | |
Annual Revenue: | $304,050 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $127,699 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | Not Disclosed | |
BBN Listing #: | 324840231 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This award-winning business specializes in beauty and spa services throughout Minnesota, and is currently based in Minneapolis/St. Paul. The owner/coordinator contracts with professional hair and makeup artists (MUA) that tailor to weddings/special events.
The business contracts independent hair stylists/MUAs that travel to the wedding/special events which creates a convenient atmosphere. This business model provides a unique opportunity that will give the new buyer the option to expand into other states as they see fit which could accelerate revenue growth.
The business model boasts a minimal operating budget. Currently, the contracted beauty service providers are compensated on a percentage of overall revenue generated from each special event. They also supply their own products and inventory for the events.
Currently, the owners do not have to provide on-site services themselves, which means the new owner can run the business from the comforts of their home!
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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:
The purchase of this business gives the buyer the opportunity for growth through adding additional stylists and entering untapped markets. There is high demand for these particular services which supports aggressive growth opportunities.
Reason for Selling:
The owner has moved outside of the state
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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