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Specialized beauty salon in prime location providing foot massages and eyelash extensions is available for acquisition. This business was originally established in 2010 by the current owner of the business that was later renovated to expand the facility in 2015 to accommodate for increased customer load. Most of the customers are upper-class Caucasian individuals with large amounts of disposable income that live in the surrounding high-end densely populated residential neighborhoods and customers that visit the nearby retailers that was built to accommodate upper-class individuals. Net sales for the most recent years have been in the range of $1,000,000 to 1,100,000 per year that has been consistent for the last several years of operation with no marketing in place other than word of mouth. Although there is no marketing in place, this business has already reached full capacity and can only further the growth if new services are added as well as expanding the size of the facility to accommodate for large fluctuations of customers. There are many ways to proactively market this business such as direct mailing, online booking, social media outlets, new services, expand facility, specials and bundle deals. Expanding the business facility will be necessary if this business is to generate more cash flow since the area this business is located in is undeserved as the population is so large. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
This business is located in a 1,800 SF high-end retail strip center that was renovated in 2015 from their previous 1,000 SF area. All equipment is in impeccable condition and in working order.
There is no marketing done at the current time, but this business is already at full capacity without the marketing and would need to expand either services or size of the business to generate more revenue.
There are no direct competitors within immediate market area, but there are some indirect competitors that are within the same industry that provide general service compared to this specialized beauty salon.
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
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