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REDUCED - Independant Lash Studio in Excellent Location

Listing Number: 76931-724871

Description

Current owners acquired in November 2021, from the previous owner who acquired right before COVID and paid over $200k for the business. Salon was established nearly 10 years ago and has been at this location since 2013. Business is running absentee; however new owners have an immediate need to relocate and do not want to oversee completely remote. Since taking over, new ownership has focused on restaffing and adding services and working on marketing concentration. This location is excellent and has a known history and just needs continued help to recover from the pandemic. For comparison purposes, sales in 2019 were more than $600k, with over $20k in delivered profits per month. Great location near the Galleria, is known to existing repeat clients.

Ideal for an owner operator or investment purchase, either should continue to add services and retain reliable employees to return to pre-pandemic earnings, which were an impressive $220k+ per year.

Listing Details

  • Price: $ 99,000
  • Down Payment: $99,000
  • Sellers Discretionary Earnings: $ 273,513
  • Total Sales: $ 694,086
  • Location: Harris County, Texas

  • Inventory: $ 1,000
  • FF&E: $ 20,000
  • Employees:
  • Reason for Selling: Relocation
  • Category: Beauty/Personal Care
REDUCED - Independant Lash Studio in Excellent Location

Business Listed By:

Bobbi Coffey
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