Lash Studio In Minnesota

Description

Membership-based beauty studio for sale in the west metro area. The location has been operating for less than two years and offers lash extensions, facial waxing and brow services from a fully built-out retail space.

Business profile

• Asking price: $100,000
• Membership-based revenue model
• Lash extension services
• Facial waxing
• Brow enhancement services
• Existing member base
• Fully built-out studio
• Busy retail location

Staff

The studio currently operates with a licensed salon manager and two stylists. The owner has limited involvement in daily operations.

A buyer can retain the existing management structure or become more involved in scheduling, sales, membership growth and local marketing.

Sale terms

The $100,000 asking price is represented as including the existing buildout, operating business, staff structure and recurring membership base.

Buyers should confirm which furniture, equipment, supplies, deposits and franchise-related assets are included in the transaction.

Memberships

Recurring memberships are an important part of current revenue. Because the studio has less than two years of operating history, buyers should review membership growth month by month rather than relying only on annualized results.

Active members, cancellations, freezes, prepaid services and unused balances should also be reviewed before closing.

Growth

• Add members
• Increase stylist capacity
• Introduce additional approved beauty services
• Increase retail product sales
• Improve local marketing and referral programs
• Extend appointment availability where demand supports it

Additional location

The owner's original studio, which has operated for approximately eight years, is also available for purchase. Buyers interested in both locations should review the financial performance, lease and staffing of each studio separately.

Buyer review

Buyers should verify historical financials, active membership count, monthly recurring revenue, member retention, payroll, stylist compensation, lease terms, equipment ownership and any prepaid customer obligations.

Continued operation under the franchise brand will be subject to franchisor approval and the applicable franchise agreement. Buyers should also confirm transfer fees, royalties, marketing charges, territory rights and any required training or remodel obligations.