| Asking Price |
$595,000 | Inventory |
$15,000* |
|---|---|---|---|
| Gross Income |
$543,129 | Real Estate |
$1,600,000** |
| Cash Flow |
$196,984 | Year Established | 1988 |
| FF&E |
N/A | Employees | 7 pt |
* included in the asking price
** not included in the asking price
Established Day Spa business with multiple streams of income. Real Estate is not included in the price but will be sold at appraised value which will be around $1.6 million. Rental income on the business is expected to increase significantly in 2008 and growth can be easily attained within the business as well.
Facilities: Newly remodeled building sitting on more than 1 acre of land. Plenty room for growth on the property and the possibility of acquiring real estate in the nearby area as well. Extremely clean and well designed facility has been able to keep customer satisfaction high and attain repeat customers.
Competition: There are two other tanning salons in the area; both most likely going out of business soon.
Growth/Expansion: Rental income expected to increase in the following 3 years, as well as sales due to increased marketing. Recently added 400 sq feet to the building and remodeled the entire building in the last 4 years.
Financing: Negotiable
Support/Training: Sufficient for a successful transition.
Reason Selling: Other interests

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