If You Love Barking Dogs & Merle Norman, You'll Love This Business!
Asking Price:   $95,000Inventory:   $12,000 ++
Gross Revenue:   Not DisclosedReal Estate:   n/a
Cash Flow:   Not DisclosedFF&E:   $33,800 ++
++ included in the asking price         ** not included in the asking price
I contacted Merle Norman headquarters in June of 2008 and began the process of qualifying as a franchise owner. At the time, my daughter-in-law also wanted to join me in this venture. We immediately started to look for a location with the assistance of the Merle Norman Studio Development team and in October made a trip to Los Angeles to complete the required two-week training course at the Merle Norman Home Office. If we had any doubts they were certainly addressed during that two-week period. Merle Norman is a quality company with an exceptional product and a loyal following of customers from its 75year history. The executive staff is made up of people who have been with the company for many years 30, 40, & 45 year careers were the norm. You almost did not meet anyone with less than a 10-year career with the company. Exceptions being a new pool of makeup artist with expertise in the new looks and trends that keep the cosmetic industry one of the most successful of all lines of business. Think Estee Lauder, Mary Kay, Clinique just to name a few of the better know lines. Merle Norman predates them all and they have borrowed extensively in designing their products from the innovations developed by Merle Norman herself, a woman clearly ahead of her time. The Merle Norman Home Office is old guard Hollywood Glamour that has stood the test of time and continues to flourish. They have a corporate dinning room with a French Chef that boast an innovative menu enjoyed today at 25 cents per meal. Yes, you read that correctly, the price Merle Norman set for the employees when she developed the corporate dinning room as a perk for her staff is still set at the same amount today she charged so many years ago. They also have an on-site dental facility for the exclusive benefit of Merle Norman Employees with co-pays in the range of $10.00 for most procedures. The product development staff includes dermatologist and professional chemist that insure the
About the Business
Year Established:2009
Employees:1 full time -
Franchise:Yes
Facilities:900 sq. ft. in well-established Howell Mill shopping center. Rent reduced to $1,066.50/mo. $41,000 of furnitue, fixtures, equipment and leasehold improvements.
Market Outlook and Competition:Competition: There are many cosmetics sold at the malls, but Merle Norman Cosmetics has its own loyal customer base. *** Growth and Expansion: Current owner feels that new owner could dramtically grow the business with $30,000 of marketing money.
About the Sale
Management Training and Support:Owner will provide 2 weeks of transitional support and Merle Norman coorporate will also provide 2 weeks of training.
Reason For Selling:Retirement.

KEYWORDS: cosmetic, eye, lipstick, mascara, foundation


Sell Your Business | This listing has been viewed 96 times

advertisement
Contact the Seller
* Bold fields are required
Re: BizQuest ID:977519
Seller ID:10400743
Your Name: 
Your Email Address: 
Phone Number: 
Message Text: 
Yes, I would like to receive the Buyer's Newsletter.
Yes, I would like to receive a daily summary of new listings.
Tips for Buyers
Privacy Pledge
BizQuest has been connecting buyers and sellers for over 15 years, and has earned a reputation for honesty and integrity. We will NEVER sell or share your personal information with anyone other than who you have specifically requested. For more see our Privacy Pledge
NO SPAM ALLOWED
BizQuest has a strong anti-spam policy. Use of this form for any reason other than to inquire about purchasing this business will result in cancellation of your account.
Business Listed By
Loren Marc Schmerler, CPC, APC  |  BOTTOM LINE MANAGEMENT, INC.
View All of My Listings
Recommended Resources
Sponsored Links
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.