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- RE: Waxing Salon For Sale
- Contact: Stephen Lee
- License #: 567204
Quick Facts
Asking Price: | $230,000 | |
Annual Revenue: | $407,679 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $132,256 | |
Total Debt: | Not Disclosed | |
FF&E: | $15,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 7 | |
BBN Listing #: | 980368 | |
Broker Reference #: | #001404 |
Business Overview:
Waxing Salon for Sale! This thriving waxing salon, established in 2021 by the current owner and partners, presents a great opportunity for investors or entrepreneurs looking to own a profitable business in the beauty industry. With fast-growing sales, this studio has rapidly become a local favorite, providing high-quality waxing services along with a subscription service and lash service. Located in a high-end retail strip center, the salon enjoys premium visibility and accessibility, nestled next to office buildings and upscale apartment complexes, attracting a steady stream of clients. The 1,414 square feet space is well-designed and spacious, offering ample room for future expansion and additional services.
The studio's primary clientele consists of adult women of all age groups with disposable income from the local area. These clients, particularly interested in waxing services, appreciate the convenience and quality provided by the studio. The business benefits from its strategic location in an area with the highest median income, attracting an affluent customer base. Despite a few competitors within a 5-mile radius, this franchise stands out due to its standardized services and optimal placement. The studio's commitment to excellence and marketing efforts through corporate channels and social media have helped solidify its reputation and customer loyalty.
The business is poised for further growth. Incorporating optional franchise services such as laser hair removal and a tanning booth can significantly boost revenue and enhance customer satisfaction. These additions are expected to drive more word-of-mouth referrals and repeat business. The current owner dedicates 10-15 hours per week overseeing operations, ensuring smooth day-to-day management. The owner also handles the payroll and bookkeeping.
This franchise waxing studio represents an exceptional investment with promising growth prospects, a prime location, and a dedicated customer base. Don’t miss this opportunity to acquire a thriving business in a lucrative market segment.
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Property Features and Assets:
Located in a high-end retail strip center, the studio enjoys premium visibility and accessibility. Nestled next to office buildings and upscale apartment complexes, it attracts a steady stream of clients. The 1,414 square feet space is well-designed and spacious, offering ample room for future expansion and additional services. / Inventory: $2,500 (Included in listed price).
Market Competition and Expansion:
Competition: Few competitors exist within a 5-mile radius of the business, but this franchise has an edge with its standardized services and placement in the right area where the median income is the highest. / Growth and Expansion: Incorporating optional franchise services such as laser hair removal and a tanning booth can significantly boost revenue and enhance customer satisfaction. These additions are expected to drive more word-of-mouth referrals and repeat business.
Reason for Selling:
Other OpportunitiesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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