Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$475,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Franchising
Year Established:	1999
# of Employees:	1 FT 4 PT
Yearly Cash Flow:	$190,557
Yearly Gross Income:	$350,907

Business for Sale Overview:

Every chain of over 25 stores has a flagship store, meaning it's the best store in the chain and well-established. This store netted over $190,000 last year and there is a 15% increase this year. The owner is filling to finance 50% and once you take over you could probably get a lease and get all your money back. I predict this store will be sold within a week. If you like to do a lot of due diligence and really examine books and think about buying an operation, you won't be in the running for this store. Checking out the $190,000+ and getting a lease is all you need. Rent is really low. The location is #1. In the retail business it's location, location, location.

Property Features and Assets:

2500 sq ft. Rent $6560/month. 4.5 years remaining on the lease; options available.

Market Competition and Expansion:

Going nationwide. This is part of a 30-store chain.

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