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Businesses for Sale: Listing Details

 
TANNING SALON PORTLAND
Seller: Attn: Allen Cohen
Location: Portland, OR, USA
Listing Number: "TanPortland"


Asking Price: $475,000 USD USA Dollars
Industry: Services: Hair, Nails, Spas, Tanning
Reason for Selling: Franchising
Year Established: 1999
Number of Employees: 1 FT 4 PT
Yearly Cash Flow: $190,557
Yearly Gross Income: $350,907

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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