Services - Beauty & Barber Shops | Services - Other Personal Services

Asking Price	$590,000	Inventory	$30,000*
Gross Income	$635,335	Real Estate	$2,300,000**
Cash Flow	$190,035	Year Established	2001
FF&E	$33,000*	Employees	8

* included in the asking price

** not included in the asking price

One of a kind power salon and day spa with over 50 rentable chairs and spa rooms. This upscale salon and day spa has no vacancies and has a waiting list of hair stylists, nail technicians and spa personnel waiting to get in. The facility floorplan was designed to maximize bottom line profitability. The owner spent over $500,000 in tentant improvements and comes equipped with the state of the art equipment. The owner spends less then 4 hours per week which makes this one of the few passive investment business opportunities out there today. The seller will finance up to 50% of the asking price for a qualified buyer.

Facilities: The facility is located in a large retail building on a high traffic street. The seller will enter into a net lease with a qualified buyer at $1.75 per square foot. The seller also owns the building which is listed at $2.3MM.

Financing: The seller will finance $295,000 at 7% over 5 years for a qualified buyer.

Support/Training: The owner understands the importance of a smooth transition of the business to the new owner. The actual training provided to be determined between buyer and seller.

Reason Selling: The seller is moving out of state.