Niche Beauty and Spa Services Business

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Asking Price:
$320,000

Gross Revenue:
$181,000
Cash Flow:
$65,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This Business is an Award-winning beauty and spa services provider based in Minneapolis/St. Paul with a recent, national expansion. They provide hair, makeup, and spa services on location to their clients, primarily, but limited to wedding parties and other group events. The business model utilizes a low overhead structure with most of the costs variable on the number of events. The specialized stylists and service providers are paid a percentage of revenue from the events, supply their own products, and carry their own inventory. Among the advantage the stylists enjoy are a backlog of events, selective booking, back office support, and the Company’s market presence. The seller does not perform any of the services. Most of the wellers duties are home based.

About the Business

Year Established:
2013
Number of Employees:
22
Real Estate:
Leased
Rent:
$150.00 Per Month
Facilities:
The Company leases a cooperative office space and the seller works from home.
Market Outlook/
Competition:
Word of mouth and many awards differentiates this business from competition.
Growth & Expansion:
There are many opportunities for growth, including recruitment of additional stylists and entering new markets. There is currently a high demand for services to support aggressive growth.
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About the Sale

Reason For Selling:
New Opportunities, Carreer change
Training/Support:
Seller will fully train new owner
Seller Financing:
Seller will finance a portion of the sale

Listing Info

ID:
1500917
Ad Detail Views:
538

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Business Listed by

Mac Thelen

Opportunities In Business

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Sponsoring Broker:

Thomas Green
Opportunities In Business
License# 102872

U.S. Census Data for Anoka and Hennepin Counties, MN
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Anoka and Hennepin Counties, MN
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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