Profitable Waxing Salon – 26% Annual Growth wax 6

Reference ID#: 1127
Industry: Service
Location: Savannah, GA

Financial Information

Asking Price: $495,000
Annual Receipts: $763,726
Cash Flow: $177,163
Sellers Discretionary Earnings
FF&E: $35,000
Inventory: $43,000
Real Estate Available? No
Value of Real Estate

Business Summary

Own this system-driven beautifully decorated waxing salon with strong annual profits, known for providing excellent service and unique top-of-the-line products. The business has a loyal repeat client base with routine appointments scheduled weekly, bi-weekly and monthly. The responsibilities of the current owner are managing day to day operations and the trained estheticians are responsible for performing all client sessions. There is NO requirement for the new owner to have or obtain an estheticians license. The desire to be your own boss, the ability to follow a proven business system and business license are the only requirements for ownership. The business is pre-approved for SBA financing and requires a minimum down payment of only 10% which can be drawn from a retirement savings account if desired. There are Standard Operating Procedures (SOPs) already in place to help the new owner learn quickly and smoothly transition into the business. In addition, the owner will provide a favorable training and transition period. Email or call today to receive more information about this fantastic opportunity! Financial Highlights: · 2019 YTD – Sales trending 11% higher than 2018 · Annual cash flow increased by 43% from 2017 to 2018 · 2019 YTD – Cash flow trending upward · SBA Pre-Approved Contact us today to receive more information about this opportunity.

Facilities

Facility is leased.

General Information

Franchise: No
Homebased: No
Relocatable: Yes
Year Established: 2012
Year Acquired: 2012
Number of Employees: 10 F/T

For more information, please contact us at 1 (888) 415-5118.