Riverton · Mar–Jun 2026 LP Update · Confidential
Riverton · Mar–Jun 2026 LP Update · Confidential
Your investment opened this Utah salon in March. Four months in: a $5,968.41 run-rate month, a returning-client base built from zero, gross-profit positive every month, and net losses narrowing toward breakeven.
Financials from the location's internal P&L (Mar–Jun 2026, accrual basis). Operating metrics from Hello Sugar owner analytics (BigQuery), location UT Riverton | Mountain View Village 237. MCR = new members ÷ new-client prospects.
Your capital opened Riverton in March, and the first four months have been about proving demand. The book reached a $5,968.41 run-rate month on 280 appointments and 246 clients. The returning base you funded went from zero to 24 repeat visits a month, and the membership engine is turning on — 40 members added, conversion reaching 23.4%.
On the economics: every month is gross-profit positive — the services pay for themselves. The $8,819.36 loss to date is fixed cost and marketing against a still-small base. It narrowed every month, to −$1,033.73 in June, and we expect the location to reach profitability within the next month or two as revenue scales.
Revenue built steadily from March to June as the location ramped. Every month is gross-profit positive — the net loss is fixed cost and marketing, not service economics.
| Line item | Mar | Apr | May | Jun | Total |
|---|---|---|---|---|---|
| Services income | 596.71 | 810.52 | 2,635.47 | 5,457.66 | 9,500.36 |
| Reciprocity adjustments | 45.00 | 243.88 | 333.00 | (541.40) | 80.48 |
| Tips received | 104.36 | 314.30 | 684.32 | 1,052.15 | 2,155.13 |
| Total revenue | 746.07 | 1,368.70 | 3,652.79 | 5,968.41 | 11,735.97 |
| Cost of services | (500.48) | (920.99) | (2,461.09) | (2,573.81) | (6,456.37) |
| Gross profit | 245.59 | 447.71 | 1,191.70 | 3,394.60 | 5,279.60 |
| Admin expenses | (730.65) | (293.87) | (238.13) | (319.97) | (1,582.62) |
| Advertising & media | (1,726.52) | (1,665.15) | (2,026.05) | (2,570.61) | (7,988.33) |
| Fixed costs (rent & software) | (734.35) | (955.80) | (1,251.92) | (1,467.25) | (4,409.32) |
| Franchise fees | (75.00) | (75.00) | (75.00) | (75.00) | (300.00) |
| Total operating expenses | (3,266.52) | (2,989.82) | (3,591.10) | (4,432.83) | (14,280.27) |
| Net operating income | (3,020.93) | (2,542.11) | (2,399.40) | (1,038.23) | (9,000.67) |
| Other income | 175.09 | — | 1.72 | 4.50 | 181.31 |
| Net income | (2,845.84) | (2,542.11) | (2,397.68) | (1,033.73) | (8,819.36) |
Gross-positive every month; the −$8,819.36 loss to date is fixed cost and marketing against a still-small base — advertising alone ran $7,988.33 — narrowing every month to −$1,033.73 in June.
Source: location internal Profit & Loss, Mar–Jun 2026, accrual basis (exported Jul 24 2026). Amounts to the cent; parentheses in red denote costs and negative amounts.
Revenue: internal P&L. Appointments: Hello Sugar owner analytics (BigQuery), completed appointments at UT Riverton | Mountain View Village 237.
Source: Hello Sugar owner analytics (BigQuery), UT Riverton | Mountain View Village 237. Returning = clients with more than one completed visit. Prospects = new clients not yet on a membership. Loyalist cohorts (4+ visits) are just forming at four months.
Forward-looking items reflect management's current expectations, not guarantees.
A $5,968.41 run-rate month; 280 appointments, 246 clients, 40 members. The loss is fixed cost and marketing ahead of a filling book, narrowing every month toward breakeven.