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Thriving Waxing Salon For Sale

Northeast Dallas Suburb, Collin County, Texas, US
Asking Price:
$250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$375,627
Cash Flow:
$115,614

Waxing Salon for Sale! This thriving waxing salon, established in 2021 by the current owner and partners, presents a great opportunity for investors or entrepreneurs looking to own a profitable business in the beauty industry. With fast-growing sales, this studio has rapidly become a local favorite, providing high-quality waxing services along with a subscription service and lash service. Located in a high-end retail strip center, the salon enjoys premium visibility and accessibility, nestled next to office buildings and upscale apartment complexes, attracting a steady stream of clients. The 1,414 sq. ft. space is well-designed and spacious, offering ample room for future expansion and additional services.

The studio's primary clientele consists of adult women of all age groups with disposable income from the local area. These clients, particularly interested in waxing services, appreciate the convenience and quality provided by the studio. The business benefits from its strategic location in an area with the highest median income, attracting an affluent customer base. Despite a few competitors within a 5-mile radius, this franchise stands out due to its standardized services and optimal placement. The studio's commitment to excellence and marketing efforts through corporate channels and social media have helped solidify its reputation and customer loyalty.

The business is poised for further growth. Incorporating optional franchise services such as laser hair removal and a tanning booth can significantly boost revenue and enhance customer satisfaction. These additions are expected to drive more word-of-mouth referrals and repeat business. The current owner dedicates 10-15 hours per week overseeing operations, ensuring smooth day-to-day management. The owner also handles the payroll and bookkeeping.

This franchise waxing studio represents an exceptional investment with promising growth prospects, a prime location, and a dedicated customer base. Don’t miss this opportunity to acquire a thriving business in a lucrative market segment.

Property Information

Real Estate:

Lease

Location:

Located in a high-end retail strip center, the studio enjoys premium visibility and accessibility. Nestled next to office buildings and upscale apartment complexes, it attracts a steady stream of clients. The 1,414 sq. ft. space is well-designed and spacious, offering ample room for future expansion and additional services.

Size in square feet:
1,414 SF

Business Operation

Expansion Potential:

Incorporating optional franchise services such as laser hair removal and a tanning booth can significantly boost revenue and enhance customer satisfaction. These additions are expected to drive more word-of-mouth referrals and repeat business.

Competition / Market:

Few competitors exist within a 5-mile radius of the business, but this franchise has an edge with its standardized services and placement in the right area where the median income is the highest.

Reasons for selling:

Other Opportunities

Employees:
7PT
Years established:
2021

Other Information

Support & training:

The owner will provide two weeks of training to allow a smooth transition.

Financing available:

100% down at the time of closing or 25% Cash Down with SBA Financing.

Furniture / Fixtures value:
$15,000 - included in the asking price
Inventory / Stock value:
$2,500 - included in the asking price
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