Profitable Waxing Salon – 26% Annual Growth

Chatham County, GA

Profitable Waxing Salon – 26% Annual Growth
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Asking Price: $495,000

Cash Flow: $177,163

Gross Revenue: $763,726

EBITDA: N/A

FF&E: $35,000

Inventory: $43,000

Rent: $4,060 /Month

Established: 2012

Profitable Waxing Salon – 26% Annual Growth

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Business Description

SBA Approved, Easily Transferable Business System

Own this beautifully decorated waxing salon with strong annual profits, known for providing excellent service and selling unique top-of-the-line products. The business has a loyal repeat client base with routine appointments scheduled weekly, bi-weekly and monthly. There is NO requirement for the new owner to have or obtain an esthetician’s license. The desire to be your own boss, the ability to follow a proven business system and business license are the only requirements for ownership. The business is pre-approved for SBA financing and requires a minimum down payment of only 10% which can be drawn from a retirement savings account. There are Standard Operating Procedures (SOPs) already in place to help the new owner learn quickly and smoothly transition into the business. In addition, the owner will provide a favorable training and transition period.

Financial Highlights:

· 26% average annual sales growth
· 2019 YTD – Sales trending upward
· Annual cash flow increased by 43% from 2017 to 2018
· 2019 YTD – Cash flow trending upward
· SBA Pre-Approved

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Detailed Information

Location:
Chatham County, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,800
Lease Expiration:
4/30/2024
Employees:
10 F/T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller to provide reasonable training and transition period.
Reason for Selling:
Owner wants to pursue new opportunities.
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Tim Dalton

Business Listed By:
Tim Dalton

Integra Business Brokers

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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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