SET YOUR EYES ON SUCCESSFUL ESTABLISHED LASH STUDIO
FRANCHISE FOR SALE IN WESTCHESTER COUNTY, NEW YORK
List Price: $125,000 USD
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INTRODUCE ME TO THE SELLER
Annual Gross Revenue:
$557,182 USD
Annual Net Profit:
$50,000 - $100,000
Value of Inventory:
Less Than $25,000
Value of Assets:
Less Than $25,000
Business Category:
Beauty/Personal Care
Business Operates From:
A Retail Location
Year Established:
2019
Seasonal Business:
No
1-3 Months
TRANSITION SUPPORT
Somewhat
PRICE/TERMS
FLEXIBILITY
Part-time
OWNER INVOLVEMENT
SUMMARY
Open since 2019 and resilient through the pandemic, this successful lash salon is on the lookout for a dynamic new owner. Achieving a peak revenue over $630,000 in 2022 with a solid cash flow over $103,000, the business is building back aiming for higher profits by enhancing staff skills for more upscale services. Currently, it serves 120 loyal members after a slight dip in 2023. However, a clear growth plan could boost revenues up to $750,000 or more, especially in this affluent area, through savvy scheduling and utilization. ---> This salon's buzz is largely thanks to its savvy digital marketing and strong community ties, ensuring it's always the talk of the town. Maintaining a glowing 4.8-star rating across 200 Google reviews, its reputation for effortless beauty is well-founded. The business is staffed by a solid team of 6 full-timers and 3 part-timers, dedicated to growing their craft, which is key in an era where looking good is never out of style and being camera-ready is part of everyday life. ---> Beauty industry experience isn’t required but would be beneficial. If you’re ambitious, understand the nuances of managing a talented team, and are eager to push a small but evolving brand to new heights, this opportunity is your perfect match. ---> Seize this chance to guide a well-established salon to greater heights and expand into two additional territories with new studios. This opportunity includes the current salon and 2 additional territories. ---> Are you ready to lead this salon into its most prosperous phase yet?
PHOTOS
FACTS
Part-Time Employees:
1-5
Full-Time Employees:
6-10
Total Employees:
Less Than 10
Timeframe for sale:
Immediate
Total Approx. Monthly Rent:
$4,000/month
DESCRIPTION
DAY-TO-DAY INVOLVEMENT
25 hrs/week doing: employee training, some customer service, inventory, payroll, interacting with brand corporate.
FRANCHISE BRAND ACCOLADES AND AWARDS
This brand has been recognized for its excellence, earning spots on the Franchise Business Review Top Franchises 2022, Entrepreneur Franchise 500 from 2020 to 2022, and receiving accolades from Franchise Gator as a Fastest Growing and Top Emerging franchise
ASSET DESCRIPTION
The sale price includes all of the assets required for running the business, which includes: 5 lashing beds, 5 tablets, lighting fixtures, cabinets, shelving, display units, front counter, lobby furniture, miscellaneous furniture. These materials are valued at about $20,000. The franchise's retail inventory is also included and is valued at $1,000.
INVENTORY DESCRIPTION
The franchise's retail inventory is also included and is valued at $1,000.
ADDITIONAL INFO
Franchisor offers in-depth training program covering lash techniques & business operations. Targeted marketing assistance helps franchisees attract & retain customers, while operational guidance ensures your studio runs smoothly. Ongoing mentorship and a state-of-the-art fulfillment center streamline your business, allowing you to focus on growth & service excellence.
BONUS MATERIAL
WHY I LOVE MY FRANCHISE
It's a small and entrepreneurial brand, always changing and improving, taking in franchisees' feedback and suggestions.
REASON FOR SELLING
Pursuing other opportunities
GROWTH OPPORTUNITIES
The Lash & Brow sector is rapidly expanding, evolving into an $84 billion industry driven by the demand for non-invasive beauty solutions. This brand leads with a suite of services like lash extensions, brow lamination, and threading, catering to women who prioritize appearance and convenience. These low-maintenance, high-impact treatments meet the needs of a growing clientele seeking effortless beauty, indicating a strong market trend towards simplified beauty routines. ---> With a focus on refining operations and enhancing stylist skills, the studio is gearing up to offer even more upscale services. Studio has a dedicated base of 120 loyal members and is targeting revenues of $750,000 or more. The plan includes smart scheduling and better resource use in a welcoming, affluent area. With a stellar 4.8-star rating from 200 Google reviews, the studio's commitment to effortless beauty and strong community ties keeps it buzzing and growing. Plus, this comes with 2 additional territories to expand in the surrounding areas.
None
SELLER FINANCING AVAILABLE
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