Bernadine Neff
Southlake, TX (USA)
Role(s):
Founder/Owner/Principal
Facelogic Spa
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Startup
Location:
Southlake
Industry:
Retail/Clothing
Year Founded:
2008
Number Employees:
1-10 people
Description:
I self funded a franchise that is growing but with the economy is growing slower than expected, but still growing. I'm needing operating capital to continue the growth. There is no debt on the business and I've got future income because we have memberships with 1 year contracts. The location is perfect and average income in the area and surrounding areas is $175,000. Facelogic is a spa that does facials only and essential skin care, microdermabrasion, peels, waxing. Essential skin care is what we want to be known for. There are 51 open spas across the US and it is a membership concept. Corporate website is (URL removed)
We have 78 members right now and the first spa open 3 years ago has 500 members. Credit card sales are averaging $6000-$10000 and growing.