Tangela Ridgeway offers 30% buy in for capital infusion. https://www.coutureweaveboutique.com Prepared by Lucille for Tangela

1. PITCHBOOK
Tangela Ridgeway

2. EXECUTIVESUMMARY
Executive Summary
Couture Weave Boutique & Nail Cottage is a growing and profitable
business that is located in a busy part of the Los Angeles
metropolitan area. The business provides hair styling, sew-in weaves,
makeup, nails, eyelash extensions and hair sales with a concept
similar to Dry Bar. The business has 5-13 nail and pedicure stations as
well as 3 Custom Nail Racks Receptionist desk computer system.
The boutique is beautifully designed. Both the service and the salon
have received great compliments from clients and the community.
The business is growing both in sales and profitability.
The owner is fully present, working where she is needed. She holds a
cosmetology license for 20 years and engages with staff as well as
performs services on clients when available. A full-time owner will
always help maximize the profit potential. Also unlike a typical salon,
customers come in for styling and the work is less dependent on the
skills of a particular stylist.

3. FINANCIAL OVERVIEW

4. THE BUSINESS WAS FOUNDED IN LOS
ANGELES IN 2015. SALES HAVE
GROWN FROM UNDER 150K IN 2016
TO OVER 200K IN 2016 AND IS
EXPECTED TO CONTINUE TO GROW
BOTH IN SALES AND PROFITABILITY IN
2017.

5. 3YEARFINANCIALPROJECTIONS
- 500,000.00 1,000,000.00 1,500,000.00 2,000,000.00 2,500,000.00
2018
2019
2020
Operating Cost
Revenue

6. KEYASSUMPTIONS
Five Nail Stations
eight pedicure chairs
average ticket is $35
Times
5×7 hours
seven days a week.

7. 3YEARPROJECTIONS
2018 2019 2020
Revenue 1,101,373.00 1,468,497.33 1,957,996.44
Operating Cost
Rent 28,800.00 38,400.00 51,200.00
Utilities 8,880.00 11,840.00 15,786.67
Technology 3,180.00 4,240.00 5,653.33
TV service 540.00 720.00 960.00
Security 1,188.00 1,584.00 2,112.00
Marketing 4,200.00 5,600.00 7,466.67
Cleaning 1,800.00 2,400.00 2,880.00
Supplies 1,200.00 1,600.00 1,920.00
Wine 600.00 800.00 1,066.67
Snacks 600.00 800.00 1,066.67
Total Operating Cost 50,988.00 67,984.00 90,112.00
Net Income 1,050,385.00 1,400,513.33 1,867,884.44
3 Year Projections

8. 3YEARPROJECTIONS
Salon Inventory Contents List
Qty Room/ Area Item Describtion
Purchase
price
8 Pedicure Area Love Seats Brown/Cream 5,592.00
4 Product Cabinet Sugar Scrub Vivo Spa 44.00
5 Product Cabinet Cuticle Oil CND Small bottles 25.00
11 Product Cabinet Butter Balm Vivo Spa 82.50
2 Product Cabinet Oil Refresher Vivo Spa 14.00
6 Product Cabinet Bath bombs Ice Cream 63.00
1 Product Cabinet Pumice Stone Ice cream sandwich 11.00
1 Product Cabinet Polish Set Morgan Taylor Cinderella 15.00
1 Product Cabinet Polish Set Morgan Taylor Oh La La 15.00
1 Product Cabinet Polish Set Morgan Taylor The Bright Sutff 15.00
1 Product Cabinet Polish Set Morgan Taylor Cinderella 15.00
Product Cabinet Bath bombs round
5 Pedicure Area Pedicure cart 3 white 2 black
1 Pedicure Area Chalk Board Large framed chalk board 475.00
2 Pedicure Area Wall Art "Chandelier" metal 80.00
2 Pedicure Area Pictures Grey/white pic of chandeliers 85.00
4 Pedicure Area Small Stools Teal pattern fabric w. black legs 125.00
7 Throughout Salon Rolling stools White round 575.00
10 Throughout Salon Pillows includes all types of pillows 175.00
2 Throughout Salon Fabric stools small rolling teal pattern 45.00

9. 3YEARPROJECTIONS
Salon Inventory Contents List page 2
Qty Room/ Area Item Describtion
Purchase
price
1 Supply Table Large wood table Large, dark wood storage table 55.00
1 Supply Table Vanilla Scrub Scrub in large glass jar 45.00
1 Supply Table Lemon Scrub Scrub in large glass jar 45.00
1 Supply Table Orange Scrub Scrub in large glass jar 45.00
1 Supply Table Marine Maske Purple 45.00
1 Supply Table Mud Mask Teal (greenish) 30.00
2 Supply Table Lotion Lavender 15.00
1 Supply Table Lotion Lemon 15.00
1 Supply Table Shea Cream Vivo Spa Vanilla
1 Supply Table Butter Cream Pumpkin Spice 75.00
1 Supply Table Scrub Pumpkin Spice 75.00
13 Supply Table Nail Glue small tubes 15.00
1 Supply Table Cuticle Away CND Small bottle
1 Supply Table Base Coat Ibd Gel 11.00
1 Supply Table Base Coat Gelish Gel 11.00
1 Supply Table Top Coat Gelish Gel 11.00
2 Supply Table Base Coat Morgan Taylor (regular) 14.00
8 bags Supply Table Wax Paraffin wax 60.00
11 Supply Table Ramekins small pink (bowls)
52 Manicure Area Gel Polish Gelish Colors 676.00

10. 3YEARPROJECTIONS
Salon Inventory Contents List page 3
Qty Room/ Area Item Describtion
Purchase
price
31 Manicure Area Gel Polish Orly Colors 372.00
46 Manicure Area Regular Polish OPI 253.00
18 Manicure Area Regular Polish Orly Epix
9 Manicure Area Regular Polish Daisy
1 Manicure Area Wax Warmer Paraffin wax warmer 85.00
3 Manicure Area UV Light Lights for Gel/Shellac 195.00
2 Manicure Area Storage Table Black/Rolling 75.00
1 Waxing Area Wax Warmer 35.00
1 Waxing Area Table Waxing Table 450.00
1 Waxing Area Exention Set Eyelash (mink) 275.00
$10,434.50

11. PRODUCTSANDSERVICES
Products and Services
The salon offers nails makeup, hair
weaving, and hair sales hair services
eyelash extensions. The concept is
similar to Dry Bar but on steroids that it
offers quality services at an affordable
price. The business also offers cosmetic
products and hair extensions, but the
owner feels there is potential to grow
this segment with more focus.

12. HOURS
HOURS
Sun-Sat 10:00 AM-6:00PM
Mondays are optional

13. AREA/FACILTIES
The salon is located in the heart of Los
Angeles metropolitan area on two very
familiar cross streets to locals and visitors.
The gentrified neighborhood features
impressive local small businesses that fit
the demographics of the salon. This
location fits quite well with the salon
model and decor that has been
complimented by the community and
clients alike.
Area/ Facilities

14. AREA/FACILTIES
The seller has open this opportunity to
expand the model from state to state and
bring him more capital two heads are
better than one is the model I love to live
by. Both her sister works in the salon as
stylists and receptionists. However, with a
new partner we will be fully hands-on,
working as or hiring a part-time
receptionist full time Nail Stylist and
marketing team can generate more profit.
Other information

15. PROPERTYOVERVIEW

16. BUYINOPPORTUNITY

17. BUYINOPPORTUNITY
Prepared for Mercy Smith, for
consideration of $30,000 buy in
infusion of capital that will give
30% ownership of new LLC as
a silent partner.