Turnkey Lash Studio With Growth Potential

Business Overview:

This established lash studio in Dallas offers an excellent opportunity to step into the thriving beauty and self-care industry. While the business is not currently profitable, this asset-based sale includes a fully equipped studio with no franchise transfer fee, making it an ideal investment for an entrepreneur ready to capitalize on the local market and drive growth.

Business Highlights:

- Established Revenue Base: The studio generated $332,885 in revenue in 2023, with annualized 2024 revenue projected at $333,456.
- Prime Dallas Location: Situated in a desirable area with high visibility and foot traffic, offering strong market potential.
- Turnkey Operation: Fully built-out studio with all necessary equipment and infrastructure, saving the buyer time and setup costs.
- Growth Opportunity: With the right management and strategic improvements, this business is well-positioned for a turnaround.

Factors Impacting Current Profitability:

- Remote Oversight: The absence of a local owner has contributed to operational challenges, including higher employee turnover and reduced efficiency.
- Under-Utilized Franchise Resources: Corporate tools and marketing programs have not been fully leveraged, limiting growth potential.
- High Fixed Costs: Overheads, such as rent and payroll, currently take up a large share of revenue, impacting profitability.
- Limited Community Presence: A lack of in-person networking and local engagement has reduced visibility in the competitive Dallas market.
- Employee Turnover: Remote management has contributed to higher turnover, increasing costs for recruitment and training.

Strategies for Immediate and Long-Term Improvement:

- Localized Leadership: A Dallas-based owner/operator can improve daily operations, enhance customer satisfaction, and reduce inefficiencies.
- Targeted Marketing: Invest in high-yield digital campaigns targeting the Dallas market to drive membership growth and new client acquisition.
- Enhanced Retention Programs: Focus on customer loyalty initiatives, such as referral incentives and improved follow-ups, to increase recurring revenue.
- Collaboration with Franchisor: Leverage best practices and resources from the franchisor to streamline operations and optimize performance.
- Operational Streamlining: Implement strong local management to improve efficiency and reduce unnecessary overhead.

This studio is a promising opportunity for an entrepreneur ready to invest time and effort into turning it into a profitable venture. With a strong foundation in place and significant room for growth, this business is well-suited for someone looking to make their mark in the beauty industry.

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