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Profitable and growing waxing studio for business minded owner

Marion County, IN

Seller Financing Available
Profitable and growing waxing studio for business minded owner
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Asking Price: $266,000

Cash Flow: N/A

Gross Revenue: $507,546

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,094.33 /Month

Established: 2014

Profitable and growing waxing studio for business minded owner

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Business Description

Profitable and growing salon priced less than a new salon

The salon is located on the north side of Indianapolis near the affluent cities of Zionsville, Carmel, and Fishers. We have clients that drive from as far away as 100 miles to be serviced by our top tier technicians. The business has not reached its' potential as a positive revenue stream and this is evident from the double-digit growth experienced year after year.

The salon has been featured many times in live television stories and promotions. A strong presence on social media, television, and community involvement has helped propel this salon to be the premier place to receive waxing services and work in the Indianapolis area.

A strong team consisting of 6 FT technicians and one manager already in place to keep the positive momentum going for years to come.

Detailed Information

Location:
Marion County, IN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,613
Lease Expiration:
1/11/2021
Employees:
9
Facilities:
Located in a highly visible strip mall on a busy corridor on the north side of Indianapolis. It benefits from many restaurants and corporate offices in the area. The area is currently experiencing growth from new infrastructure and businesses.
Competition:
The body waxing market in Indianapolis is growing and it has limited competition. Our salon has positioned itself as the premier leader in body waxing and this is evident through our growth, customer retentions, and online reviews. Most of the competition does not provide full services to males thus giving our salon an advantage. By providing full waxing services for men and women the market has potential to grow.
Growth & Expansion:
The business has yet to reach its' full potential. A strong experienced team has helped propel this salon on an upward trajectory revenue-wise.
Financing:
100% at time of closing or 50% at time of closing with the other 50% SBA backed.
Support & Training:
Corporate Education, Training and Extensive Support Services The owner will help with the transition for up to one month. Anything else is negotiable.
Reason for Selling:
Owner wants to devote more time to family
Franchise:
This business is an established franchise
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Business Listed By:
Anthony Black

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