Profitable Beauty Studio in Florida

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Great investment opportunity!
Asking Price:
 Not Disclosed

Gross Revenue:
$705,955
Cash Flow:
 Not Disclosed
EBITDA:
$46,867
Inventory:
$40,783
included in asking price

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

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Business Description

Fully staffed membership based first to market franchise 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.

New studio seeing huge increases! Royalty revenue grew 86% in 2017 backed up with continue strong performance growth for this year of 27%. Prospects have been a huge success for the studio. Membership revenue increase 25% yoy, member services are up 40% for the year. Active member base increased 111% in 2017, that growth continues this year with 14% yoy.

About the Business

Year Established:
2016
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,391
Lease Amount/Mo.:
$37.82
Facilities:
Contemporary studio design welcomes guests with a bright, comfortable lobby. 16 private suites, all well appointed.
Market Outlook/
Competition:
There is no internal competition

The area has an incredible population density of over 40,000 people within a one-mile radius, as well as a 40,000+ traffic count per day.
Growth & Expansion:
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:
1420913
Ad Detail Views:
0

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Business Listed by
JD Busch
U.S. Census Data for Miami-Dade County, FL
Age

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

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U.S. Community Survey Data for Miami-Dade County, FL
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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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