Listing Number: 76931-132553
Description
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.
Listing Details
- Price: $175,000
- Down Payment: $175,000
- Sellers Discretionary Earnings: $20,090
- Total Sales: $340,000
- Location: Lubbock County, Texas
- Inventory: $3,000
- FF&E: $5,000
- Employees: 5
- Year Established: 2022
- Reason for Selling: Moving on to something else
- Category: Beauty/Personal Care
