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Asking Price:	$200,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Other Opportunities
Year Established:	2005
# of Employees:	14
Yearly Revenues:	$649,300
Yearly Cash Flow:	$356
Yearly Net Profit:	$356
Yearly Gross Income:	$649,300

Business for Sale Overview:

Award-winning spa with national recognition, this location is located in a busy high end strip center conveniantly located near shopping, neighborhoods and the premier business district. 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 new location (opened in 2006) has reached break even with fiscal 2007 revenue and is posed to continue growth. 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: Open Mall. Square Footage: 4,612. Facilities / Location Description: Cam plus Taxes $1,345.17. Rent is Triple Net Initial rent encompasses $5 per feet towards up fit. Monthly Rent: $8,432. Option: 5 Year. Security on Lease : $8,000.

Market Competition and Expansion:

Competition is geographically removed to the degree that direct competition is limited. The location can almost be considered a landmark - new with prominent street frontage on high traffic road makes for an ideal situation. Clientele are loyal to the business due to quality of services and convenience. Additionally, the owners feel this location has the greatest growth potential as a result of steady revenue gains over the past three years. Breaking even in 2007 is the launchpad for profitable operations going forward. Revenue for this location are on plan.

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.