It has been determined that the owner/seller has met our qualification standards of being an established, profitable, and bankable business. This is the starting point of our SCS system, that has proven to deliver results three times or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button. Once completed, you will receive an automated email from our system that will provide you with a link to complete a Non-Disclosure Agreement (NDA).
Description
Situated in the heart of Halifax, the business operates under a proven franchise model with strong brand recognition across Canada. The franchisor provides comprehensive training, marketing support, and established operating systems, ensuring consistent quality and service standards. The space is modern, welcoming, and designed for efficiency, featuring multiple treatment stations and professional-grade equipment.
The business enjoys a loyal and growing clientele of professionals, students, and downtown residents who value convenience, cleanliness, and consistent high-quality treatments. It benefits from steady foot traffic generated by nearby offices, shops, hotels and residential developments.
With solid brand support, a turnkey setup, and a prime location, this opportunity is ideal for an owner-operator or investor seeking entry into the growing beauty and personal care market. Continued growth potential exists through expanded appointment hours, increased memberships, product line up and enhanced local marketing initiatives.
The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.
By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.
Financial Information
Annual Revenue and Seller's Discretionary Earnings, with year end April 30
2024
Revenue: $504,000
SDE: $90,000
2023
Revenue: $290,000
SDE: $73,000
2022
Revenue: $220,000
SDE: $69,000
* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
Operations
The business operates in a 1,400 sq.ft. leased space, which can service up to 40 people. The lease rate is at $4,880 per month, for 1 more year with an option to renew annually or for 5 years.
