Profitable Beauty Business

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Female population is skewed heavily in our demographic
Asking Price:
$664,372

Gross Revenue:
$824,070
Cash Flow:
 Not Disclosed
EBITDA:
$166,093
Inventory:
$22,160
included in asking price

FF&E:
$232,457
included in asking price

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Business Description

Exciting opportunity with growing beauty business in a membership based concept. Established customer base and continues to grow. First to market concept with strong national presence and brand dominance in the local marketplace. Business has multiple revenue streams including services, private label products and gift card sales.

New products and services are in development and scheduled to roll out in the upcoming year. This will continue to strengthen the brand as a leader in its vertical with the current member base while also attracting new audiences.

This studio has phenomenal growth: 64% growth in 2017 over 2016 then its backed up with stable performance in 2018.

Net operating growth is 20% year to date.

It's located in the uptown of downtown wand the female population is skewed-heavily in our demographic.

About the Business

Year Established:
2015
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,101
Rent:
$37.00 Per Month
Facilities:
Contemporary studio design welcomes guests with a bright, comfortable lobby. 7 private suites, all well appointed.
Market Outlook/
Competition:
Strong demographics: 1 mile: population: 11,866, average income: $79,105 / 3 miles: 97,655 population, average income: $71,659 / 5 miles: 203,160 population, average income: $75,371.
Growth & Expansion:
Studio is up every month over last year. Studio size allows for continued growth well into the future. Limited competition in the area.
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About the Sale

Reason For Selling:
Other business interests taking priority
Training/Support:
Seasoned regional development team in the market. Franchisor rolled out new online video training. Extensive training for owners at corporate headquarters & in your location. Dedicated Franchise Business Consultant & trainers in the market to support owners & managers. Strong marketing coop in the region with established agency. Strong local level marketing support.

Listing Info

ID:
1436691
Ad Detail Views:
0

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Business Listed by
JD Busch
U.S. Census Data for Collin, Dallas and Denton Counties, TX
Age

Gender

Ethnicity

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

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

U.S. Community Survey Data for Collin, Dallas and Denton Counties, TX
Income

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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