Profitable, Stable, FUN Cosmetic Business Posed for Additional Growth

Denver, CO (Denver County)

Profitable, Stable, FUN Cosmetic Business Posed for Additional Growth
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Asking Price: $429,000

Cash Flow: $90,000

Gross Revenue: $200,000

EBITDA: $90,000

FF&E: $438,250

Inventory: $3,000

Rent: $0.00

Established: 2007

Profitable, Stable, FUN Cosmetic Business Posed for Additional Growth

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Business Description

Love Your Work, Help People, and Expand a Successful 10 Year Brand!

The business offered for sale is one of Denver's premier cosmetic laser centers. This business revolves around 2 key procedures offered in each of the businesses three part-time locations. Multiple additional treatments can be added, as well as taking advantage in the growth of the existing procedures. Customers love this business and have been spreading the word for almost a decade about how it makes a difference. Plus, it's FUN!

If you want to work more than part-time (or hire an additional part-time staff person), this business can be dramatically expanded with existing assets, which are dramatically underutilized! What's better than a stable business (since 2007) that allows the owner to make close to 6 figures while still enjoying multiple hobbies and an active travel schedule?

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business has equipment in each of its three locations that are top-of-the-line, well maintained, but only being used very part-time. With an owner that has some mild ambition and easily learnable skills to get new customers, the utilization rate of 10-20% could be expanded, resulting in possibly doubling or tripling of the profit!
Competition:
This business has thrived since 2007, and seen the entry and exit of many wanna-be's in this very attractive field. The survivability of a small business is largest established by the strong brand, positive reviews, existing marketing assets, equipment quality, and business processes in place. Still, many start-ups fail because they don't have these resources. This business has all of them, in spades, and has been thriving and will continue to thrive under new ownership!
Growth & Expansion:
3 locations, each of which operate only part time, should be opened more hours and more days! The busiest days of the week aren't being taken advantage of yet, and some locations are only open a small percentage of available times. There's a LOT of room to expand. - Marketing for new customer leads is very casual and limited; there's so much that could be done here, and plenty of businesses like this across the country that have been successful in doubling and tripling revenue and profit through straight-forward techniques.
Financing:
can discuss
Support & Training:
The owner loves this business and will love to share his expertise. The broker is an expert in the industry, and can attest that the owner is willing, ready, and able to make the transition to a new owner a complete success. It could take as little as 2 weeks to learn everything there is to know about this business, but longer-term support will also be available!
Reason for Selling:
Retirement
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Business Listed By:
John Berry

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