TurnKey Beauty Lounge

Mid South (Relocatable)

Seller Financing Available
Snippet of Salon
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Asking Price: $38,000

Cash Flow: $110,000

Gross Revenue: $196,000

EBITDA: N/A

FF&E: $12,000

Inventory: N/A

Rent: $4 /Month

Established: 2015

TurnKey Beauty Lounge

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Business Description

Hair Industry niche company catering to high-end cult following. The lounge has been in business for 3 years and has experienced wildly successful results in profit, growth, and customer base. This unique business takes the hassle out of beauty for a discriminating client base, providing luxury wigs, lash extensions, hair pieces, and hair extensions as well as its own branded hair products. New owners will enjoy turnkey profitability and great growth potential while navigating a recession proof industry - Beauty! We've done all of the hard work for you.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
300
Lease Expiration:
11/30/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Designed for the exclusive, high-end client, the modern downtown facility boasts 300 sf of private luxury for a diverse demographic. The lounge is amid an oasis of progressive residents and tourists poised to patronize locally owned establishments. The lounge carries a wide selection of hair and beauty products that targets all hair types. Wigs, extensions, lashes, and a proprietary product line with strong customer loyalty and repeat business.
Competition:
Located in Downtown Memphis, this company is one of a kind. There is no competition within a 100 mile radius that provides the same products or same business model. The company is the leader in market introduction and holds ownership of proprietary and intellectual property vital to it's unique industry success.
Growth & Expansion:
The company has seen exponential growth since inception, with double digit increases in profitability. There is a remarkable opportunity for product line expansion and market domination.
Financing:
Lease Purchase Option Available to the Right Buyer.
Support & Training:
Support and comprehensive training will be provided by the owner.
Reason for Selling:
Owner is liquidating business interests to relocate
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Business Listed By:
Kimberley Hill

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