MUST SELL Fast growing beauty concession chain
Location:
UK Non-Specific
Business Type:
FRANCHISE RESALES, Service Businesses
** Due to other commitments, the vendor now requires early offers. Grab yourself a bargain **
The Business Partnership is proud to market the master UK franchise for beauty concessions within a major health and beauty retailer. The business has a licence to operate as the exclusive provider of threading, eyebrow shaping, tinting, lash extension, head massage and nail bar services within the retailer's stores. The fast growing chain currently operates 9 concessions.
The business (and possible master franchise) is now for sale, which entitles the owner to appoint licensees to operate the concessions. Revenue would be derived from selling the licence and from an ongoing percentage of the licensee's sales revenue. Of course, the buyer may decide to retain and operate one, none or all of the concessions for themselves.
The licensees would pay a percentage of their revenue to the retailer only (they do not pay for rent, heating or light). The licensees would operate independently, but under the responsibility of the master franchisor.
The agreement covers 8 of the retailer's major stores in the UK, but there is pressure from the retailer for further stores to be added in the near future. Recently, the concessions from a rival were offered for takeover.
All 9 licences are currently being run by the vendor, are trading profitably and showing encouraging growth - hence the retailer wanting to add further concessions in other stores.
This business represents a great opportunity for an enthusiastic entrepreneur, priced for a quick sale as the vendor has other interests which limit the time they can spend growing this business.
The current concessions are within the retailer's stores in the north of England.
The licencees would operate in line with the retailer's opening hours.
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Business Services that may be of Interest:
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