Urgent Sale - All offers invited. Profitable and Popular Franchise. Vendor needs

10 days ago

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Summary

An excellent opportunity to acquire a well-established Essential Beauty franchise in Hollywood Plaza. With over 20 years of success, this salon offers unique services, a loyal client base, and a prime

About the Business

Opportunity to own a well-established Essential Beauty franchise located in the recently renovated Hollywood Plaza Shopping Center. With over 20 years of successful operation, this business offers a loyal customer base, a highly trained staff, and unique services that set it apart in the local market.

Key Strengths:

- Highly Trained Staff: Operates efficiently without requiring the owner's constant presence, thanks to a team that’s well-trained and managed with high standards.

- Prime Location: Situated in the bustling Hollywood Plaza, which has undergone a multi-million-dollar renovation, boosting foot traffic and visibility.

- Established Client Base: Over two decades of operation with a loyal and extensive client base.

- Unique Services: The only business in the area offering full-body waxing and piercings.

- Strong Financial Performance: Consistently delivers a good return on investment, making it an attractive purchase.

- Affordable Rent: The base rent is $4,226.25 per month (ex GST), with additional outgoings of $693.35 per month (ex GST), ensuring sustainable operations and profitability.


Opportunities for Growth:

- Maximise Revenue: New ownership could increase profitability by taking on an owner-operator role, saving on wages and directly contributing to the business's success.
Owner's Role:

The current owner is a qualified therapist who trains and oversees the staff, manages stock orders, rosters, and handles all administrative tasks. The owner currently works approximately 28 hours per week and takes a wage from the business.

Reason for Selling:

After 13 years in the industry and following major surgery last year, the owner is unable to continue in this role and is seeking a motivated buyer to take over the business.

Ideal Buyer:

This business would thrive under the ownership of a beauty therapist with hands-on experience

Competitive Landscape:

The business currently enjoys a strong market position with no significant competition in the area, further enhancing its appeal.

About Essential Beauty:

Essential Beauty is Australia’s largest beauty franchise, with over 65 salons nationwide and a proven track record of success. Established in 1990, the brand has 30 years of experience, offering a strong support system and a proven business model designed to help franchisees achieve success.

Contact Information:

For more details and to arrange a viewing, please contact Shweta Sharma at Accelerate Business and Franchise Sales. Call 0432 591 529 or email [email protected]

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