NOT DISCLOSED, California
| Asking Price |
$199,000 |
Year Established |
2015 |
|
| Annual Revenue |
$425,000 |
Reason for Selling |
The reason for selling is the Seller would like to pursue other interests. |
|
| Annual P/L |
|
Attention |
Brett Sargent |
|
| Annual Cash Flow |
$60,000 |
Listing Number |
1008141 |
|
| # of Employees |
|
Business Category |
Retail: Health, Beauty, Nutrition |
|
Business Overview:
This waxing salon in Northern California has been established for 11 years and under the current ownership for the last 7 years. They provide a wide variety of waxing services, including Brazilian wax, leg or underarm wax or simply an eyebrow shape and design. They offer online booking through their website, and waxing packages for those who frequent on a regular basis. They offer skin brightening services as well. This is an absentee owned business. This business is also independently owned and not part of a franchise.
Property Features and Assets:
The business operates out of 1,353 square feet in a retail center with a monthly rent of $4,127 per month. Common Area Maintenance (CAM) charges are $1,800 each month. The current lease ends November 30, 2029 and the lease is assignable.
Market Competition and Expansion:
The global hair removal wax market was valued at over $11.5 Billion in 2024. The market is expected to grow from $12.3 Billion in 2025 to $21.9 Billion in 2034 at a CAGR of 6.7%. Driven by evolving beauty standards, rising disposable incomes, and technological advancements, the hair removal wax market is experiencing robust growth.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity