Profitable and New Lash Studio (3 Locations), Ideal for Med Spa

Listing Number: 76931-302365

Description

Lash extensions and related beauty services have become increasingly popular in recent years, with many people seeking to enhance their natural lashes or create a dramatic look. The lash extension business has grown into a multi-billion dollar industry worldwide. This distinct brand offers lash extension services in addition to lash lifts, lash tinting and eyebrow services like lamination, shaping and dying. The seller of this sleek, contemporary and cultivated concept designed and executed a business that is on the cutting edge of lash and brow trends. There is a solid business plan in place for growth, scaling and eventual franchising. The current owner has spent a total of $625,000 building out locations in three of the most desirable suburbs of Houston with the highest quality equipment and fixtures. Their signature, state of the art lashing chairs/beds/tables are the height of luxury and comfort, and the entire brand exudes a trendy, top quality vibe.

The lash extension business is a lucrative and growing market for those with the skills and experience to offer high-quality services and the savvy business acumen needed to scale to maximize revenues and profitability. The first location of this brand opened in the Webster area in later 2021, and by Q4 of 2022 was generating over $28,000 in revenue per month with monthly profits as high as $10,000. The first quarter of 2023 showed nearly 60% growth year over year as compared to 2022. The business is generating those numbers without even maximizing possible appointments and staff.

Any new owner will be able to step into the two operating locations and immediately begin to ramp up hiring, marketing and sales. A third location is ready to open. Due to family issues beyond the seller’s control, he is having to sell the current operating locations (2) and the one location that is ready to open. There is a detailed marketing plan in place that lays out the plan to scale and grow the business to seven locations in and around Houston.

Most stylists and estheticians who work in this niche of the cosmetology industry can make an excellent hourly wage and higher than average tips based on the commission pay structure and the tips being a % of such high-end services.

Listing Details

• Price: $ 300,000
• Down Payment: $300,000
• Sellers Discretionary Earnings: $ 130,000
• Total Sales: $ 784,647
• Location: Harris County, Texas


• Inventory: $ 0
• FF&E: $ 300,000
• Employees: 8
• Year Established: 2021
• Reason for Selling: Moving to India
• Category: Beauty/Personal Care