Accelerate Business and Franchise Sales is thrilled to present an exceptional 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 shweta@acceleratebsales.com.au
