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Asking Price:	$500,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Other Opportunities
Year Established:	1999
# of Employees:	29
Yearly Revenues:	$1394396
Yearly Cash Flow:	$143,092
Yearly Net Profit:	$143092
Yearly Gross Income:	$1,394,396

Business for Sale Overview:

Award-winning spa with national recognition, this location is located in a busy strip center with large residential neighborhoods and shopping conveniantly located nearby. Outstanding reputation and upscale client base. Services include: facials, body wraps, manicures/pedicures, massage, couple’s massage and includes such amenities as sauna, steam shower, locker rooms, relaxation lounge, full retail boutique. Profitable business with growth potential. Inventory includes medical grade and logo'd merchandise which may not transfer. This location is the market leader and continues to consistently perform in the ~$125,000 - ~$160,000 annual seller benefit range. Trademarked name is available to purchaser of multiple locations. Owner must possess skills commensurate with delivery of high end luxury personal services to affluent clientele. Owner currently provides primarily accounting and financial planning services to locations which could be outsourced for approximately $10,000 annually per location.

Property Features and Assets:

Type of Location: Stand-alone. Square Footage: 10,500. Facilities / Location Description: Insurance and Taxes on this location pass through at cost. Lease is being renegotiated for 7 year term. Rent is Triple Net Monthly Rent: $15,771.

Market Competition and Expansion:

While likely located in the most competitive of the three locations this business thrives with loyal customers and a great reputation. Additionally, this is largely an established and profitable location there is potential for growth via addition of new products/services, expansion into med spa services which are currently being provided via a subsidiary, and new marketing.

Additional Details:

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