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Salon & Spa icon Hair Removal Business Plan

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Laser Dreams

Company Summary

Laser Dreams specializes in laser hair removal, electrolysis and microdermabrasion. We are a professional facility, providing state-of-the-art technology and superior quality service. We provide F.D.A approved, gentle and effective hair removal at a fraction of the cost and time of other permanent hair removal methods. The program will operate as a general partnership.  Both Joe Jackson and Allison Fremont will manage the daily operation of Laser Dreams.

2.1 Company Ownership

Laser Dreams is co-owned by Joe Jackson and Allison Fremont.

2.2 Start-up Summary

The start-up expenses for the Laser Dreams is focused primarily on equipment and treatment rooms.  Joe and Allison will each invest $30,000.  In addition, the facility will secure a $100,000 long-term loan.

Hair removal business plan, company summary chart image

Start-up Expenses
Legal $1,000
Stationery etc. $100
Brochures $3,000
Insurance $1,000
Rent $3,000
Expensed Equipment $60,000
Total Start-up Expenses $68,100
Start-up Assets
Cash Required $41,900
Other Current Assets $20,000
Long-term Assets $30,000
Total Assets $91,900
Total Requirements $160,000
Start-up Funding
Start-up Expenses to Fund $68,100
Start-up Assets to Fund $91,900
Total Funding Required $160,000
Non-cash Assets from Start-up $50,000
Cash Requirements from Start-up $41,900
Additional Cash Raised $0
Cash Balance on Starting Date $41,900
Total Assets $91,900
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $100,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $100,000
Planned Investment
Investor 1 $30,000
Investor 2 $30,000
Additional Investment Requirement $0
Total Planned Investment $60,000
Loss at Start-up (Start-up Expenses) ($68,100)
Total Capital ($8,100)
Total Capital and Liabilities $91,900
Total Funding $160,000

2.3 Company Locations and Facilities

Laser Dreams is located in downtown Monroe, in the Millman Building.  The facility is quickly accessible to over 6,000 urban professionals that Laser Dreams considers potential customers.