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California
Semi-Absentee 11-Year Waxing Salon | Loyal Client Base Staff in Place
$ 199,000
CF : $ 60,000
This waxing salon in Northern California has been established for 11 years and under the current ownership for the last 7 years. They provide a wide variety of waxing services, including Brazilian wax, leg or underarm wax or simply an eyebrow shape and design. They offer online booking through their website, and waxing packages for those who frequent on a regular basis. They offer skin brightening services as well. This is an absentee owned business. This business is also independently owned and not part of a franchise. Financial Information $199,000 Asking Price $60,000 Cash Flow $425,000 Gross Revenue $199,000 Down Payment $25,000 Adjusted EBITDA Business Location City: Northern California State: California Reason for Sale The reason for selling is the Seller would like to pursue other interests. Detailed information Year Established: 2015 Home Based: No Franchise: No Relocatable: No Lender Prequalified: No SBA Prequalified: No Part-Time Employees: 6 Contractors: N/A Owner Worked Hours/w: 15 Inventory Included: Yes Inventory Value: $2,000 Monthly Rent: $4,127 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 1353 FF&E Included?: Yes FF&E Value: $15,000 Training/Support Seller agrees to provide training for 2 weeks at 30 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. Facilities The business operates out of 1,353 square feet in a retail center with a monthly rent of $4,127 per month. Common Area Maintenance (CAM) charges are $1,800 each month. The current lease ends November 30, 2029 and the lease is assignable. Market Outlook/Competition The global hair removal wax market was valued at over $11.5 Billion in 2024. The market is expected to grow from $12.3 Billion in 2025 to $21.9 Billion in 2034 at a CAGR of 6.7%. Driven by evolving beauty standards, rising disposable incomes, and technological advancements, the hair removal wax market is experiencing robust growth. CA 02100708; NV 1003039