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Asking Price:	$120,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Sellers have family matters requiring more time.
Year Established:	2004
# of Employees:	7
Yearly Revenues:	$200,000
Yearly Cash Flow:	$40,000

Business for Sale Overview:

Leading Tanning and Spa franchise in the country and this business is the local franchisee. There are about 345 franchises nationwide. This franchise opened in May 2004 by the current owners who did the hard work of building out and developing the site as well as establishing the business. The new owner can build on what has been started and take this business to the next level of sales. Staff is trained and reliable. Automated operation with software that tracks customers and sales history. Beautiful salon, must be seen to be fully appreciated. Excellent opportunity to enter the Tanning and Spa business by buying a business with fairly new equipment and enjoy the support of a national franchisor and franchise network! To build a new one would cost well over $300,000.

Property Features and Assets:

The business leases a first floor location, approximately 1,572 sq. feet with off street parking in a new strip plaza. Seller is paying $3,900 per month (includes property taxes and Common Area Maintenance). Landlord will offer multi-year lease to new owner or may assume the current lease. Seller is 3 years into a 5 year lease with option to renew for another 5 years. See Lease for details.

Market Competition and Expansion:

This is a local franchise of a national company with support and an established name. Growth and Expansion: May be achieved by converting and adding the Spa services. Currently it is a Tanning only salon. Also can grow by expanding hours of operation.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.