Profitable Franchised Merle Norman Cosmetics Studio In Canton

Canton, GA (Cherokee County)

Profitable Franchised Merle Norman Cosmetics Studio In Canton
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Asking Price: $150,000

Cash Flow: $86,608

Gross Revenue: $200,000

EBITDA: N/A

FF&E: $10,000

Inventory: $35,000

Established: 1994

Profitable Franchised Merle Norman Cosmetics Studio In Canton

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Business Description

Retirement of the owner creates a great opportunity for a new owner to take over this business as the economy keeps turning upward, Merle Norman Boutique in a prominent area for sale, in business for over 25 years, a franchise that has no royalty, advertising or transfer fees but offers all the support a business owner can ask for.

This product line is a perfect fit for this growing market…. Canton, GA is known for its quality of living, its rich history, and shopping experience for high-end goods and services.

Merle Norman Cosmetic, headquarters in Los Angeles, California, since 1931, develops, manufactures, and distributes their nationally recognized and innovative products through independently owned and operated retail stores throughout the United States and Canada.
Merle Norman researches and develops their line of products to address the beauty and skin care needs of women of all ages. This Particular Merle Norman has indeed carried all the Merle Norman products, as well as offers ear piercing, wigs and wig accessories with plenty of room for growth for the next owner, many products and services can be added to make the business more profitable, services, such as waxing, eyebrow threading, adding none-competing merchandise is also permissible by the franchise.

The current owner of the Canton Merle Norman, of 14 years, and has built a customer base with a very loyal clientele and a database of over 12,000 customers. This studio has become an icon in the Canton Market, providing women with personalized skin care and cosmetic products, as well as other boutique and personalized products and services in a friendly and fun shopping environment, which is located in a high traffic shopping center, with major anchor tenants such as Starbucks and much more.

The business price of $150,000 includes a $35,000 worth of inventory at seller's cost so essentially, the business is being offered at $115,000, a new owner will recoup the initial investment in 16 months if not less.

PROOF OF FUNDS AND SIGNED NDA MUST BE RECEIVED PRIOR TO DISCLOSING ANY FURTHER INFORMATION. THIS IS AN OPERATING BUSINESS; PLEASE REFRAIN FROM SPEAKING TO STAFF OR MANAGEMENT. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is. 678-777-0147

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
little over 600 square feet with gross rent of
Competition:
There is no other Merle Norman Studio in the area, so this studio has realized a wonderful number of devoted clients plus the incredible potential for the new owner.
Growth & Expansion:
Adding some outside products/services (waxing, eyebrow threading, clothing, jewelry, and none-competing cosmetic products) could be added for additional income for the new owner.
Financing:
No seller financing available.
Support & Training:
Free Mandatory training through Merle Norman for 5 days in CA and seller is willing to train for up to 2 weeks which is included in the purchase price, plus current employee will be available and desire to stay on.
Reason for Selling:
Retiring
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(from currently available funds)
 
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Driss Senhaji

Business Listed By:
Driss Senhaji

Atlanta Business Brokers LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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