Buying an Amazing Lash Studio franchise: SBA acquisition loan data
Since FY2018, SBA lenders have approved 11 7(a) loans to buy an existing Amazing Lash Studio (classified mostly as Beauty Salons), totaling $6.6M. The median loan was $407,000, 37% lower than the $645,250 median for all SBA-financed acquisitions. 4 of these loans were approved in the last two fiscal years.
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What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of Amazing Lash Studio resale loans landed between $356,100 and $637,250.
- Lender experience exists. Simmons Bank alone has financed 4 Amazing Lash Studio resales.
- Guaranty. The SBA guaranteed 76% of the dollars lent here.
- What the file leaves out. The SBA file does not record franchisor transfer terms or fees.
Financing an Amazing Lash Studio resale
The median SBA 7(a) loan for an Amazing Lash Studio resale was $407,000 across 11 loans (FY2018 to FY2026). Simmons Bank, The Huntington National Bank and Merchants Bank of Indiana have financed the most Amazing Lash Studio resales. Too few of these loans are old enough to measure a charge-off rate; the average for all SBA acquisition loans is 3.5%.
Amazing Lash Studio acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 2 | $2.6M | $1,290,300 | |
| FY2020 | 2 | $939K | $469,450 | |
| FY2021 | 2 | $629K | $314,250 | |
| FY2022 | 1 | $338K | $338,000 | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 0 | $0 | - | |
| FY2025 | 2 | $1.7M | $838,400 | |
| FY2026 | 2 | $424K | $212,100 |
How often do these acquisition loans fail?
Fewer than 20 Amazing Lash Studio acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Terms signed in the LOI shape the purchase agreement that follows.
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Lenders financing Amazing Lash Studio resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Simmons Bank | 4 | 36.4% | $3.5M | |
| 2 | The Huntington National Bank | 2 | 18.2% | $424K | |
| 3 | Merchants Bank of Indiana | 1 | 9.1% | $1000K | |
| 4 | Security National Bank of Omaha | 1 | 9.1% | $677K | |
| 5 | Choice Financial Group | 1 | 9.1% | $407K | |
| 6 | MVB Bank, Inc. | 1 | 9.1% | $338K | |
| 7 | Celtic Bank Corporation | 1 | 9.1% | $222K |
States where Amazing Lash Studio units are bought
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | New Jersey | 3 | 27.3% | $1.5M | |
| 2 | Texas | 2 | 18.2% | $1.7M | |
| 3 | Virginia | 2 | 18.2% | $424K | |
| 4 | North Carolina | 1 | 9.1% | $2M | |
| 5 | Minnesota | 1 | 9.1% | $407K | |
| 6 | Illinois | 1 | 9.1% | $338K | |
| 7 | Utah | 1 | 9.1% | $222K |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
How lenders classify Amazing Lash Studio
Lenders code each loan to a NAICS industry. For Amazing Lash Studio the codes used were:
| # | Industry | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Beauty Salons | 6 | 54.5% | $3.4M | |
| 2 | Other Personal Care Services | 3 | 27.3% | $831K | |
| 3 | All Other Personal Services | 1 | 9.1% | $2M | |
| 4 | Cosmetics, Beauty Supplies, and Perfume Retailers | 1 | 9.1% | $338K |
Questions buyers ask
How much do buyers borrow to buy an Amazing Lash Studio franchise?
The median SBA 7(a) loan for an Amazing Lash Studio resale was $407,000 across 11 loans (FY2018 to FY2026). The middle half of loans ran from $356,100 to $637,250. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Amazing Lash Studio acquisitions?
Simmons Bank has made the most SBA acquisition loans for Amazing Lash Studio (4, 36% of the total). The Huntington National Bank, Merchants Bank of Indiana, Security National Bank of Omaha follow.
What interest rate and term do Amazing Lash Studio acquisition loans carry?
The average initial rate at approval was 7.59% (a blend of fixed and variable loans across several rate environments, so treat it as context, not a quote). The median term was 10 years.
Is an Amazing Lash Studio resale riskier than other SBA-financed acquisitions?
Too few Amazing Lash Studio acquisition loans are old enough to measure. The benchmark for all SBA acquisition loans is 3.5% charged off in the FY2018 to FY2021 cohort.
Where are Amazing Lash Studio units being bought with SBA loans?
New Jersey (3), Texas (2), Virginia (2), North Carolina (1), Minnesota (1). State counts follow where the brand has units and where SBA lending is most active generally; see the state pages for the overall picture.
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Related
- All Beauty Salons acquisitions
- New Jersey acquisitions
- Texas acquisitions
- Virginia acquisitions
- Simmons Bank
- The Huntington National Bank
- Merchants Bank of Indiana
- All franchise brands
Brand name as recorded by lenders in the SBA file: "Amazing Lash Studio" (franchise code S0101). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.