Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$360,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Other Opportunities
Year Established:	2001
# of Employees:	13
Yearly Revenues:	$724,232
Yearly Cash Flow:	$81,153
Yearly Net Profit:	$81153
Yearly Gross Income:	$724232

Business for Sale Overview:

Award-winning spa with national recognition, this location is located in a busy strip center with large residential neighborhoods 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. Seller benefit has trended downward. However, this is a direct result of expanding the location to double the size in 2006. 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: Strip Center. Square Footage: 4,780. Facilities / Location Description: CAM $899.79. Taxes $394.69. Rent Listed is Triple. Net Monthly Rent: $6,564. Option: no Security on. Lease : $5,144.

Market Competition and Expansion:

Competition is geographically removed to the degree that direct competition is limited. Clientele are loyal to the business due to quality of services and convenience. Additionally, owners feel this location is a perfect mix of existing revenue and potential for growth. Location was doubled in size and is growing into the additional space as planned. Street traffic expected to increase dramatically over the next two years as it is connected to major thoroughfare.

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.