Listing ID: 81471
Amazing Lash Studio was founded on the idea that helping people become beautiful could also be an amazing business. Amazing Lash Studio provides semi-permanent eyelash extensions in a contemporary studio environment.
Women have desired longer, fuller eyelashes for decades and have been enhancing their appearance with mascara, strip lashes and other temporary means. Like massage, manicures and waxing, brands like Amazing Lash Studio have made eyelash extension services affordable and accessible for everyone on a regular basis, not just as a treat for a special event.
With demand soaring, the market for eyelash extensions is booming and is projected to reach more than $1.5 billion in the next 5 years, in product alone!
• Recurring revenue membership model
• More predictable revenue
PROVEN BUSINESS SYSTEMS & PROCESSES
• Appointment-based service
• Proprietary & patented application processes and styles
• Pre-opening assistance
• Online project management
• Local operations support
• National and regional marketing
• Regional business coaches
Location: Lombard, IL and (2) other territories included for development in the asking price.
Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EnergiZ for more information. Showings by appointment only.
Listed By Jason Markowicz at EnergiZ & Associates
- Asking Price: $300,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: $25,000
- Inventory Included: N/A
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,000
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Leased space $7,274/mth gross. Current lease expires in Feb 2028. Square Feet: 2,000. Seating: 12 Rooms. Days/Hrs of Operation: Mo-Fr 9a-9p & Sa-Su 9a-7p. Owners Role: Absentee. Value of FF&E: Included In Asking Price.
Franchisor and support from other franchises.
Relocating and selling all businesses.
Amazing Lash Studio provides services in contemporary, upscale studios that are inviting and comfortable. The private suites lead to an efficient model that not only may drive member retention, but the highest studio volumes in the industry. By creating scale and a membership-based model, the brand has made eyelash extensions affordable and accessible to all, not just as a treat for a special event. Many Amazing Lash Studio franchise partners are multi-unit, multi-brand owners. They have achieved success in a variety of franchise systems and are fully invested in growing the Amazing Lash brand. The dedicated innovations team ensures that Amazing Lash studio is at the cutting edge of eyelash extension and application technology, leading the industry. From the products used in and outside of the service to the industry’s first-even digital lash simulator, we set the bar!
EXPLOSIVE INDUSTRY! Eyelash Extensions are THE fastest growing segment in the beauty industry. Broad target customer base – busy women in all walks of life seek out lash extensions. The target customer base is split into three segments; Glamorous Gloria, Enhanced Enid, and Natural Natalie; ability to target each with custom messaging. CATEGORY LEADER! Amazing Lash Studio is the largest and fastest growing eyelash extension franchise in the nation, with over 250 open studios. “Amazing Lash” Google searches outrank “Lash Extensions” in many markets.
This Business Is An Established Franchise
The company was founded in 2018, making the business 4 years old.
The transaction won't include inventory valued at $25,000*, which ins't included in the requested price.
The company has 3 full & 4 Part employees and is situated in a building with estimated square footage of 2,000 sq ft.
The building is leased by the company for $7,274 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell companies. However, the genuine factor and the one they say to you might be 2 totally different things. As an example, they may state "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these may just be excuses to attempt to hide the reality of altering demographics, increased competition, recent reduction in earnings, or an array of various other reasons. This is why it is really vital that you not depend completely on a vendor's word, but instead, make use of the vendor's response in conjunction with your total due diligence. This will repaint a much more reasonable image of the business's present scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies finance loans so as to cover points like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can imply that earnings margins are too tight. Many businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that have to be satisfied or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area bring in brand-new consumers? Often times, companies have repeat customers, which form the core of their day-to-day profits. Certain variables such as brand-new competitors growing up around the location, roadway construction, and also staff turn over can impact repeat consumers and also adversely affect future revenues. One vital point to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the higher the opportunity to develop a returning consumer base. A final thought is the basic area demographics. Is the business placed in a largely populated city, or is it located on the edge of town? Exactly how might the regional median house income impact future earnings prospects?