Established Sugaring Service For Sale

Lubbock County, TX
listing image
Asking Price:$175,000
Gross Revenue:$340,000
Rent:$5,265/Month
Established Year:2022
Cash Flow:$20,090
Inventory:$3,000
FF&E:$5,000
BUSINESS DESCRIPTION

Turnkey Beauty Franchise with Growth Potential and Proven Revenue

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-132553

This successful business in Lubbock is poised and ready for a new buyer to take it to the next level. This franchise business is proud to offer a wide range of beauty and self-care services, specializing in organic and natural treatments. The current owner opened the Lubbock Franchise in September 2022 and has grown the business dramatically since then.

The current owner has put in around ~$250,000 in the buildout of the store. A new owner would be stepping into a built out franchise at a fraction of the cost of starting new. With 2024 expected to close with ~$340,000 in top line revenue, the business has maintained substantial year over year revenue growth. A new owner can capitalize on this trend by implementing a marketing plan and driving in more customers, and by adding new service lines that the franchisor has approved.


DETAILED INFORMATION
Location
Lubbock County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
29/09/2032
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
This is the only big box sugaring salon between Albuquerque and Dallas. There are only 5 other sugarists in lubbock area.
Growth & Expansion
The business has several potential growth opportunities to explore. Participating in vendor events, utilizing direct mailers, and leveraging word-of-mouth referrals can significantly enhance visibility and client acquisition. Charity donations can also strengthen community ties and boost brand recognition. Additionally, the franchise offers new services, such as threading, traditional waxing, laser treatments, and sunless tanning, which have not yet been implemented by the owner, providing a clear avenue for service expansion.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Moving on to something else
Franchise
This business is an established franchise
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