Profitable Eyelash Business

Austin, TX (Travis County)

Profitable Eyelash Business
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Asking Price: $500,000

Cash Flow: N/A

Gross Revenue: $582,540

EBITDA: $46,968

FF&E: $232,457

Inventory: $32,662*

Rent: $44.36 /Month

Established: 2016

*not included in asking price.

Profitable Eyelash Business

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Business Description

Excellent Demographic Area!

Fully staffed membership based first to market franchise concept with established customer base and still room to grow. 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 leadership is strong and is doing incredible building business to business relationships.

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.

Member based revenue increased 17.3% in 2017 and continues to remain steady with a projected 4% increase yoy. Royalty revenue is up 2% yoy. Member services are up 12% for the year.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Contemporary studio design welcomes guests with a bright, comfortable lobby. 12 private suites, all well appointed. Easily accessible from several entrances, ample parking and good visibility.
Competition:
Strong demographics: 1 mile: population: 5,324, average income: $172,057 / 3 miles: 63,013 population, average income: $110,154 / 5 miles: 218,736 population, average income: $86,362. Densely populated. High income demographic.
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.
Franchise:
This business is an established franchise
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Business Listed By:
JD Busch

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