Profitable Lash Studio Franchises W/ Large Membership

Business Overview:

Take advantage of this exceptional opportunity to own two highly profitable lash studio locations in the thriving Dallas/Fort Worth area. These established businesses are part of a leading franchise in the booming beauty and self-care industry and offer a strong foundation for growth under new ownership.

Highlights of the Businesses:

• Proven Profitability: Both studios are highly profitable, with an average 2023–2024 Seller’s Discretionary Earnings (SDE) of $217,238 and $175,046, respectively.
• Strong Revenue Performance: Combined total revenues were over $2 million in 2023 and are on track to hit close to $1.9 million in 2024. Membership dues alone make up close to $1.1 million of total sales.
• Recurring Revenue Model: Membership dues and add-on services consistently account for over 80% of total revenue, ensuring steady cash flow and predictable earnings. Both locations bring in over $500,000 in recurring membership dues every year.
• Prime Locations: Strategically positioned in high-traffic, desirable areas with an established customer base and a steady stream of recurring revenue.
• Growth Potential: Revenue and SDE have declined since 2022 due to absentee ownership, presenting a significant opportunity for a hands-on owner/operator to revitalize and grow the business.
• Operational Efficiency: Each location is currently managed independently, but the business should be streamlined with one manager and an engaged owner/operator to enhance profitability further.

With a solid customer and membership base, proven profitability, and significant growth potential, these lash studio locations are perfectly positioned for a motivated buyer to take them to the next level. Whether you’re an investor or an entrepreneur seeking a rewarding opportunity in the beauty industry, this is a rare chance to own and operate two turnkey businesses in one of the fastest-growing regions in Texas.

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Property Features and Assets:

Monthly Rent: $6,893.00

Market Competition and Expansion:

Expansion:

1. Boost Local Marketing Strategies: Focus on targeted marketing campaigns in specific Dallas/Fort Worth neighborhoods to build brand visibility and attract more clients. Use the franchise's tools and resources to optimize local advertising efforts.

2. Build Community Engagement: Participate in local events, sponsor community initiatives, or host open house days to connect with the community, create goodwill, and strengthen the business’s reputation.

3. Foster Employee Development: Implement employee recognition programs and provide ongoing training opportunities to enhance job satisfaction, retention, and productivity among staff.

4. Utilize Franchise Resources: Fully tap into corporate-provided tools such as marketing plans, training sessions, and operational guidance that could help the business achieve greater efficiency and growth.

5. Expand Membership Base: Target new audiences, such as corporate groups or untapped customer demographics, to increase memberships. Offer promotional packages or group discounts to encourage long-term customer commitment.

6. Streamline Operations: Improve operational processes by aligning staffing schedules, reducing inefficiencies, and ensuring franchise standards are adhered to consistently across both locations.

7. Collaborate for Cross-Promotions: Partner with other franchisees in nearby areas or complementary businesses to create mutually beneficial promotions that bring in additional clientele.

8. Monitor and Optimize Performance: Take advantage of the franchise's performance tracking tools to identify weaknesses and implement focused improvements in key areas, ensuring consistent growth.

9. Promote High-Margin Products and Services: Emphasize upselling franchise-approved products and services with higher profit margins to boost revenue and customer satisfaction.

By adopting these growth strategies, a motivated buyer can capitalize on untapped potential and drive these businesses toward greater success.

Reason for Selling:

Additional Details:

Relevant Links:

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