Beauty Supply, Boutique & Salon, Community Presence, Educated Staff

Asking Price$50,000

Cash Flow
$17,081
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$521,385

Inventory$130,000
Not included in asking price
FF&E$15,000
Included in asking price
Real EstateNot Disclosed

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Beauty Supply, Boutique & Salon, Community Presence, Educated Staff


Asking Price$50,000

Cash Flow
$17,081
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$521,385

Inventory$130,000
Not included in asking price
FF&E$15,000
Included in asking price
Real EstateNot Disclosed

Business Description
In 2012, the current owner capitalized on the opportunity to start and operate a beauty shop in a location that has been known to house beauty shops for many, many years. The business focuses on customer and client needs while offering professional hair and skincare products and services, clothing, jewelry and accessories.

The business also hosts public events, and trunk shows with other local business owners and artists in the community.

The business is proud to have participated and contributed to charity fundraisers for local organizations throughout their county.

Highlights:
Staff are educated and/or certified on all beauty and hair products offered
Strong employee retention
Business has a prominent community presence and is one of the few beauty/wellness shops in the area
Maintains large marketing email distribution list with positive, data backed “open rate” for email campaigns

DISCLOSURES: This company currently leases floor mats, Premises Permit from the Board of Barbering and Cosmetology is required, there is an HVAC service agreement in place per lease terms and the business has outstanding gift certificates.

For further information please submit any inquiry through this website. You will be required to complete a Non-Disclosure Agreement prior to receiving any additional information. Financial information is only provided after the initial phone interview with the Regional Business Broker assigned to this listing. Images on this website are stock images and not actual images of the business. Broker, brokers agents and broker-associates, employees and all other affiliates of Broker have NOT verified any of the information provided here. By submitting your inquiry through this website, you are granting Broker permission to add you to Broker's email subscription list.
About the Business
Years in Operation
13
Employees
6
Facilities & Assets
The business occupies 1,750 sq ft in an established shopping facility with well recognized anchor stores. The space includes front retail space, one restroom, a three-chair salon space in the back and an additional separate room currently utilized for skin care services. There is also a back break room/supply room. There is ample parking, and the facility is handicap accessible.

The current lease expires 5/31/2027. Business owners’ experience with the lease holders has been positive.
Market Outlook / Competition
Currently, the retail breakout is as such: 25% Cosmetics, 25% clothing, gift, jewelry, bath and body, wellness, nail, hair accessories, 20% hair care, 18% skincare and the remainder is rent from service providers.

The business has consistent clientele from the area, with a busy fourth quarter each year. The shop observes a slower season between July – August.

More details can be provided during the Exploratory Call with the owner.
Opportunities for Growth
New owner could expand operating hours and/or marketing.
About the Sale
Seller Motivation
The owner is pursuing retirement and the opportunity to care for aging parents.
Transition Support
The owners are willing to provide a reasonable transition and training period for a new owner the terms of which shall be agreed to and defined in a Definitive Agreement (such as an Asset Purchase Agreement).
Listing Info
ID
2362971
Listing Views
501

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Business Listed by: Darrin Davenport Common Ground Business Brokers

Listing ID: 2362971 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.