Retail - Miscellaneous Retail | Retail - Home Furniture & Furnishings

Asking Price	$150,000	Inventory	$70,000*
Gross Income	$165,000	Real Estate
Cash Flow	$40,000	Year Established	2000
FF&E	50,000*	Employees	4

* included in the asking price

** not included in the asking price

Combination Gift shop and 6 bed tanning salon for sale. Started in 2000 and has been operated by the current owner since opening. Operating in a 4800 sq. ft facility in the downtown district and along a major artery road through the city with a well established customer base has enabled them to grow revenues to over $165,000 per year with a great reputation for service and unique product. They are open Monday through Saturday from 9:30AM-5:30PM, while the tanning salon stays open until 9PM. The current owner’s discretionary cash flow for the last year was almost $40,000. The owner has been running the store almost absentee with a dedicated and loyal manager in place along with 4 part timers. The store and equipment show very well. In addition to increased sales opportunities/efforts, the company also has great upside potential to improve revenue and profitability through adding additional hours and advertising. This fun and profitable business offers an attractive cash flow for a new owner and good upside potential. The Seller is more than happy to assist in a smooth transition of ownership. Turn a profit on day one and own your own business.

Facilities: Currently leasing a nice 4800 sq ft location with an additional 4000sq ft of storage. Located downtown with great parking. All fixtures, computers, desks, etc included.

Competition: Great location, great reputation, and loyal customer base. Very consistent revenue.

Growth/Expansion: Additional advertising and promotion would help considerably as right now they are doing nothing. In addition, 4000 sqft of storage could be finished to provide more retail or tanning spaces.

Support/Training: Current store manager can be kept on as long as required.

Reason Selling: Business was owner's prior wife and he has another career.