Hot Eyelash Studio!

Austin, TX (Travis County)

Hot Eyelash Studio!
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Asking Price: $892,828

Cash Flow: N/A

Gross Revenue: $873,215

EBITDA: $223,207

FF&E: $232,457

Inventory: $20,480

Rent: $29.26 /Month

Established: 2015

Hot Eyelash Studio!

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Business Description

Hot Studio - KPIs Tell the Story!

Exciting opportunity with growing beauty business in a membership based concept. Established customer base and continues to grow. First to market concept with strong national presence and brand dominance in the local marketplace. Business has multiple revenue streams including services, private label products and gift card sales.

New products and services are in development and scheduled to roll out in the upcoming year. This will continue to strengthen the brand as a leader in its vertical with the current member base while also attracting new audiences.

This studio has phenomenal growth: Royalty revenue increased 24.8% in 2017 backed up with another 18% growth this year. Member based revenue was up 24% in 2017 and is projected to up more than 13% this year. Member services are up 30% for the year. Active member base continues to increase.

The KPIs tell the story here - hot studio!

Detailed Information

Location:
Austin, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,280
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Contemporary studio design welcomes guests with a bright, comfortable lobby. 6 private suites, all well appointed.
Competition:
Strong demographics: 1 mile: population: 11,866 average income: $79,105 / 3 miles: 97,655 population, average income: $71,659 / 5 miles: 203,160 population, average income: $75,371.
Growth & Expansion:
Studio size allows for continued growth well into the future. Limited competition in the area.
Support & Training:
Seasoned regional development team in the market. Franchisor rolled out new online video training. Extensive training for owners at corporate headquarters & in your location. Dedicated Franchise Business Consultant & trainers in the market to support owners & managers. Strong marketing coop in the region with established agency. Strong local level marketing support.
Reason for Selling:
Other business interests taking priority
Franchise:
This business is an established franchise
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Contact the Seller

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Business Listed By:
JD Busch

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