Listing Number: 76931-664461
Reduced - seller relocating!
This business was first established in 2017 by an owner operator and was consistently delivering solid earnings even through COVID. Current owner acquired in March 2022, with the intent of being a mostly absentee multi-unit owner. She has made several positive improvements since her ownership, including staffing appropriately so the owner does not function in an operational format (provide last services), at all. The business is well positioned for a new owner to come in and continue where she left off.
Another owner operator is also a great opportunity for someone looking to “buy a job” and performs services personally as well as ensure an appropriate staff.
2021 delivered $360k in revenue, with almost $200k in seller discretionary earnings from being owner operated. An absentee operator hiring a full-time manager to run the business would have still produced over a six-figure return. With a focus on growing revenue, adding services and steady lash technicians, this can be a solid investment run absentee, or a great source of income for an owner operator.
Financials including tax returns, bank statements and payroll reports are available from previous owner and can be provided as well as the activity of the business since this owner acquired it. However due diligence follow up will be limited to what is currently on hand, as there is no access to the previous owner.
- Price: $ 145,000
- Down Payment: $145,000
- Sellers Discretionary Earnings: $ 195,062
- Total Sales: $ 358,839
- Location: Harris County, Texas
- Inventory: $ 20,000
- FF&E: $ 35,000
- Employees: 7
- Reason for Selling: Relocating
- Category: Beauty/Personal Care