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SellerForce® presents a thriving Beauty & Wellness brand that has established itself as a premium destination for nail and beauty services in a high-traffic location.
Nestled in a modern-designed mall, this business benefits from significant foot traffic due to its proximity to major retail outlets and emerging residential areas. A luxurious experience awaits customers in this 2,000+ square foot salon, which has 14 pedicure chairs, 8 nail stations, and 2 esthetician rooms, complemented by modern decor and a relaxing ambiance.
The salon is popular for specializing in a wide range of services, including manicures, pedicures, nail extensions, waxing, eyelash extensions, and facials. With a team of 5 highly skilled nail technicians, the business prides itself on delivering personalized beauty solutions while using high-quality professional-grade products and adhering to strict hygiene standards.
The brand’s financial performance is robust. Average monthly revenues range from $28,000 to $35,000 and net profits are in the 7 figures. Sales trends have been steady over the past few years, with 80% of revenue coming from their loyal clientele. Sales have been driven higher by digital marketing tools strategically deployed across Facebook and TikTok, complemented by a client management system that includes a newly added loyalty program.
Opportunities for growth are substantial, with potential expansions into hair, makeup, and skincare services and new partnerships with certified estheticians. The current owner, who has been at the helm since May 2019, is seeking a sale due to a home relocation but is willing to provide transition support to ensure a seamless handover.
Business Broker Takeaways
We are excited about this business for 3 important reasons:
- Prime Location
The business benefits from the ideal location in a stylish strip mall surrounded by major retailers and newly built residential developments that have been consistently pulling in foot traffic while giving the business high commercial visibility. - Turnkey Operation
As a fully equipped and operational salon with a loyal client base and high-quality equipment included in the sale, this brand represents a turnkey opportunity for an investor or entrepreneur to enjoy solid recurring revenues and good scale opportunities. - Growth Potential
With a foundation of steady revenue and a reputation for excellence, the business has considerable growth potential through service diversification and strategic partnerships.
Conclusion
This well-established beauty brand offers a comprehensive array of nail and skincare services, catering to a discerning clientele in a bustling commercial area. With a focus on personalized beauty solutions, the company provides a serene and luxurious environment where clients can indulge in manicures, pedicures, nail enhancements, waxing, eyelash extensions, and facial treatments. The experienced team is dedicated to delivering top-tier services using the latest techniques and high-quality products, ensuring an exceptional customer experience.
Financially, the brand’s steady sales are bolstered by a high rate of returning clients, reflecting the brand’s commitment to customer satisfaction and to building long-term relationships. A robust marketing strategy, leveraging social media platforms and a recently introduced loyalty program, further supports client retention and acquisition.
Positioned for growth, the business presents numerous opportunities for expansion and diversification. The current owner is committed to facilitating a smooth transition, making this an ideal investment for those looking to enter or expand into the lucrative and evergreen beauty industry.
Listing ID: SF489
