Listing Number: 24876-959713
The business is located on a highly trafficked highway with prime visibility. They offer a broad range of retail Merle Norman cosmetics and skincare products, with studios being encouraged to provide makeup services (makeovers) for a fee. The location is equipped for certain salon services that were previously offered before COVID, such as waxing and hairstyling.
Company had gross revenue of $115K in 2018, $116K in 2019, and $90K during COVID19. Seller averaged $40K in wages in 18/19 while having additional employees, allowing the owner to work fewer hours.
Merle Norman Cosmetics has a training program for new owners. Merle Norman does not charge a franchise fee and pays 60% of all approved advertising. They have a Co-op for TV advertising that the new buyer should consider. They have a private website for all owners where you can keep up with upcoming promotions!
Don't miss this great business opportunity just minutes from the Gulf Coast beaches in Baldwin County, Alabama.
- Price: $75,000
- Down Payment: $50,000
- Sellers Discretionary Earnings: $40,462
- Total Sales: $116,743
- Location: Baldwin County, Alabama
- Inventory: $12,000
- FF&E: $10,650
- Year Established: 1997
- Reason for Selling: Other Business Focus
- Category: Beauty/Personal Care