Ebbies Hair & Nail Salon

Location

New York

Industry

Advertising

Phase

Start up

Company

Single-Owner Corporation/LLC

Author

ebbies1

Overview

Men and women are trying a range of hair care products to help them look and feel younger.

The Company

Company needs

Looking for financing(Investors)

Business Description

Ebbies Hair & Nail Salon is a full-service beauty salon that will consistently provide high customer satisfaction by representing excellent service.

Product or services

Our services will provide hairstyles such as weaving, braiding, highlights, colors, and special cuts.

Preferred Finance Source: Venture Capital Investors Angel Investors
Projections Pro Forma Income Statement Ebbies Hair & Nail Salon Assumptions: --------------------------------------------------- Percentage increase in Total Revenues, by Year 15% Management Fees, as a percent of rental Revenues, Average A General Inflationary Rate of 3% is applied to Most Operating Expenses 2007 2008 2009 Rate Used for Payroll Burden is $21,000 $45,000 $79,000 Revenues $313,250.80 $579,215.76 $1,589,760 Gross Profit $292,250.88 $534,215.76 $1,510,760 Operating Expenses---------------------------------------------- Advertising $5,000 $2,500 $1,500 Insurance $3,550 $3,550 $3,550 Legal & Professional Fees$2,500 $1,500 $1,000 Payroll Burden $21,000 $45,000 $79,000 Repairs & Maintenance $500 $1,000 $2,000 Supplies & Products $4,760.50 $1,370.82 $1,370.82 Utilities $6,000 $6,000 $6,000 Total operating expenses$43,310.50$60,920.85$94,420.82 Interest expense$5,000 $5,000 $5,000 Net Income (loss)$38,310.50 $55,920.85 $89,420.82
Invested so far:			Funds required:
$1-$10,000			$50,000-$100,000
Funds has been spent on:			Funds will be spent on:
equipments, shampoo, conditioners, mousse, gels, sprays, treatments, color dyes, relaxer, etc.			equipment, products, inventory, payroll, fixed expenses,utilities, construction and renovations, furnitures and fixtures.

Management & Marketing

Management Team

At inception and during the early stages of the business Ms. Fletcher will have full responsibility for all aspects of the business, including marketing, customer service, and industry relations.

Target Market & Marketing Strategy

The Market Analysis shows that demand for the salon services is strong within the PMA, and will experience ongoing growth in the years ahead. Regardless of what happens with the larger economy, the hair care industry is expanding, and hair and nail care services will grow along with it.

Questions & Additional information