Profitable Beauty Studio in Florida

Miami, FL (Miami-Dade County)

Profitable Beauty Studio in Florida
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Asking Price: $500,000

Cash Flow: N/A

Gross Revenue: $719,961

EBITDA: $60,188

FF&E: $232,457

Inventory: $40,783

Rent: $37.82 /Month

Established: 2016

Profitable Beauty Studio in Florida

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Business Description

Great investment opportunity!

Fully staffed membership based first to market franchise 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.

New studio seeing huge increases! Royalty revenue grew 86% in 2017 backed up with continue strong performance growth for this year of 27%. Prospects have been a huge success for the studio. Membership revenue increase 25% yoy, member services are up 40% for the year. Active member base increased 111% in 2017, that growth continues this year with 14% yoy.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,391
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Contemporary studio design welcomes guests with a bright, comfortable lobby. 16 private suites, all well appointed.
Competition:
There is no internal competition The area has an incredible population density of over 40,000 people within a one-mile radius, as well as a 40,000+ traffic count per day.
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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