Business Directory

Name of Business: Confidential

Owner: Confidential

Contact:
(902) 441-3127

This business opportunity is ideal for an established Esthetician or Cosmetologist, a Franchise Operation, or an existing business looking to expand. Someone who has a talent to “market” a wider range of beauty services can do very well. If you have a passion for beauty and business, you are encouraged to take your time and thoroughly review this opportunity.

The value-add components of this business include:

• 5800+ Customer Data Base
• Non-Stylist Owner
• Established Web-site
• Exclusivity Agreement for location
• Leading Edge Software
• Room to Grow

This business has built a solid reputation since opening its door and enjoys a loyal following. It is located in a high traffic area with a stable employment base from which to draw from. Surrounding residential area is in a growth pattern. Given the history and location of this business, we believe the income risk is quite secure.

The business is nicely outfitted and is set to be taken over without any additional equipment or furniture requirements for a new owner.

Currently, there are 7 hair stylists who provide services for the company. Historical turnover has been favourable. Adequate transition support will be provided by outgoing owner to ensure you understand the current business systems and dynamics.

Reason for Selling: Other business opportunities

Growth/Expansion Potential: Revenue is not reliant on the owner and primary service offerings do not include some of today’s mainstream Spa treatments. A buyer with an existing book of business or an additional skill set can leverage from the existing space and clientele with a little marketing effort.

Revenues: 3 year average = $220,000

Sellers Discretionary Cash Flow: $35,000

Furniture Fixtures & Equipment: All FF&E required for business included in offering price.

Inventory: Approximately $17,000. Inventory is in addition to offering price.

Financing: Seller financing may be available to qualified buyers.

Real Estate: Lease agreement to be assigned or re-negotiated. Expires August 2014, 5 year renewal option, exclusivity agreement. $1719 per month + $560 CAM.

Offering Amount: $83,900 + inventory

Listed in: Business For Sale