Business is located in an upper scale part of Dallas and offers laser hair removal, photofacial skin rejuvenation, skin tightening, wrinkle reduction, leg veins, microdermabrasion, chemical peels and other cosmetic enhancements. Business is poised for growth and has weathered the downturn in the economy relatively well. Many local competitors have gone out of business. Business ready for new energy and ideas to take off.
| Listing No: MBFS-600805210 | |
| | |
| Category | : | Beauty/Personal Care | SIC | : | 7299 | |
| Detail | : | Skin and/or Massage | Price | : | 220,000 | |
| County | : | Dallas | Down | : | 220,000 | |
| State/Prov | : | Texas | Adj Net | : | 192,539 | |
| Country | : | USA | Sales | : | 467,081 | |
| Reason for Sale | : | Owner is retiring |
| General Location | : | Dallas, TX |
| Organization Type | : | Corp 'C' Hours Owner Works: 5 |
| | : | Years Established: 6 Years Owned: 6 Emp FT: 3 Emp PT: 0 Mgrs: 0 |
| Non Compete | : | Miles: 5 Years: 200 Weeks Training: 1 Cost: 0 |
| Operating dys/hrs | : | Mon-Thurs 10am-7pm, Fri-Sat 10am-5pm |
| Skills/Licenses | : | Management Experience |
| Business is | : | Relocatable: Y Home Based: N Franchise: N Lender P/Q: N |
A Dozen Due Diligence issues with Skin Care Salons for Sale in Texas
In addition to financial matters, a buyer interested in a Skin Care salon for sale in Texas should consider discussing many of the following issues with the salon owner or their business broker:
How successful has the Skin Care Salon been raising prices?
This will depend heavily on demographics and economic times.
What is employee turn-over?
Relatively low pay may make this a problem.
Has DIY hurt business?
More Do It Yourself products are appearing all the time.
Is there an appeal to a special demographic?
Laser treatment salons may have certain services and decor to appeal to a particular market segment.
Has there been an increase in area competition?
As more workers go to industry training, skin care competition increases.
What do you consider when buying inventory?
Specialty product sales are a vital part of margins.
Has there been a trend to less expensive services?
Skin care services are "recession resistant"; however, may consumers who are still customers are choosing less expensive products and services.
What are the best selling services and products?
There should be a close relationship between this and customer demographics.
What have been the recent changes in technology?
Is there a possibility competition will have superior types of laser treatment?
What is the advertising and promotion budget?
Are there other creative marketing methods being employed?
Are there additional locations?
Expansion is generally by adding additional locations and not increasing salon size.
How much business is walk-in as opposed to appointments?
Skin care salons that can fill-up with appointments have a much higher margin.
Resources for Texas Laser Treatment and Skin Care Salons for sale
The Salon Association
How to Conduct Market Research (SBA)
Frequent Questions about Texas Sales Tax
Confidentiality Policy
As business brokers, we protect the identities of the businesses, the business owners and prospective buyers until we receive completed, signed Confidentiality Agreements and personal or corporate financial statements providing proof of the buyer’s financial competence to meet the down payment. We understand that the sale and purchase of businesses must be held in the strictest confidence to give the involved principals the opportunity to advise employees, customers and others of the transfer when they feel the time is appropriate
For additional information contact Bob Fariss
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