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Asking Price:	$143,789 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Personal.
Year Established:	2003
# of Employees:	3
Yearly Revenues:	$240,000
Yearly Cash Flow:	$70,000

Business for Sale Overview:

This very quaint, highly established Pasadena enterprise is ideal for the working owner that is an esthetician, massage therapist, make-up artist, beauty product retailer, or Medical Doctor (performing medi-spa procedures) that seeks access to a distinguised, high net-worth female client base. Believe it or nor, this day spa has focused on retail product sales and provided a very limited service offering (primarily comprised of partial body waxing) for the past 20 years. Many opportunities are available for a new owner to expand on the service offering, engage in room rentals, or expand the product selection.

Property Features and Assets:

This quaint facility is ideally located in a high walk and drive-by traffic zone with complementory neighbors and a built-in client base. The 2-3 room space occupies 600 sq. ft. of prime real esate with fantastic visibility. It leases for $1,900 per month, on a lease valid until January 2009 with 1 - 5 year option.

Market Competition and Expansion:

This small business has a built-in retail market niche, that provides it protection from nearby retailers. Its convenient location with plenty of onsite parking and complementary neighbors provide it a natural advantage over other day spa service competitors. A plethora of growth opportunities exist. This business conducts very limited day spa services and is very specific in its limited offering; the seller has opted to focus on a passive income stream from retail sales. In addition, the seller has chosen not to agressively staff the facility, and opted not to engage in room rentals.

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 may become a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.