TANNING SALON PORTLAND
Seller:
Attn:
Allen Cohen
Location:
Portland, OR, USA
Listing Number:
"TanPortland"
Overview:
Every chain of over 25 stores has a flagship store, meaning it's the best store in the chain and well-established. This store netted over $190,000 last year and there is a 15% increase this year. The owner is filling to finance 50% and once you take over you could probably get a lease and get all your money back. I predict this store will be sold within a week. If you like to do a lot of due diligence and really examine books and think about buying an operation, you won't be in the running for this store. Checking out the $190,000+ and getting a lease is all you need. Rent is really low. The location is #1. In the retail business it's location, location, location.
Property Features and Assets:
2500 sq ft. Rent $6560/month. 4.5 years remaining on the lease; options available.
Market Competition and Expansion:
Going nationwide. This is part of a 30-store chain.
Additional Details:
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