Multi-Store Threading Salons
Annual cash flows above $200K are available with this multi-location threading salon business. The studios are newly remodeled and finely appointed, in department store-anchored shopping centers. The ancient hair removal technique of eyebrow threading, practiced for centuries in Asia and the Middle East, has become a fast-growing and profitable beauty concept. The business has quickly earned a tremendous reputation as the premier, upscale threading location in this area. The salons are in shopping centers with high traffic counts, great visibility and easy access. Combined gross revenues are roughly $750K in 2016, with a Seller's Discretionary Earnings of $220K. All stylists are paid as W-2 hourly employees, with no commissions or rentals. Each location has at least two years remaining on their leases. The current owner is not a stylist and has no day-to-day presence in the salons. His role is strictly as an off-site manager. It would be clean and easy for a new buyer to take over that role as an absentee owner.
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