Health, Beauty, Fitness>
High Profit Tattoo and Body Piercing Business in WA and CA - Semi-Absentee

Price: $450,000.00
Availability: On Hold
Prod. Code: 550-291

Two stores, headquarters are in Seattle, WA and satellite store is near Rancho Cucamonga in CA. Established for 13 years, this high profit business is recession-proof and actually growing in 2009. Yes, this is true, 2009 sales is greater than in 2008. Both stores are strategically positioned in the areas with high demand in their services - near colleges and schools. There are 5 colleges and schools near one location and 7 colleges and schools near the other, and students are the best customers for this type of business. Both stores are located on major streets with a lot of traffic, and good visibility. Neither store has competition in the immediate area.

One store offers tattoo and piercing services and retails body jewelry. It has 7 tattoo stations, one piercing room, 2 bio hazard rooms and large lobby with jewelry retail counter. The other store sells piercing jewelry and offers body piercing services. The store has spacious showroom with retail jewelry counters, 2 piercing rooms, bio-hazard room and office. Amount of inventory can be increased or reduced upon buyer's request.

There are total of 18 employees between two stores, including one manager who runs one store operation entirely. The owner partly manages the other store. Due to owner's health conditions the business must be sold. California store can be sold separately.

The ideal buyer will be owner-operator. It's not a secret that same business with owner-operator makes 25%-30% more money than business ran by absentee owner. The owner is very motivated and may consider to carry a note. All reasonable offers will be considered.

Property/Lease
Rent: $6,903 + $1,380
Expires: 2012
Option(s): 5 + 0
Deposit: $3,000 + $1,300
Terms: 0
Misc. info: 0
Landlord: 0
Size (Sq. Ft.) 4000 + 1.300
 
Financials
Land/Bldg: $0.00
Land/Bldg included? No
FF and E: $45,000.00
Inventory: $160,000.00
Inventory included? No
Monthly Sales: $75,000.00
Monthly Cashflow: $22,000.00
Annual Cashflow $264,000.00

Price: 450,000.00
Down: $450,000.00
Date: 0 percent for 0 Months
Payment: $0.00
Terms: Terms

 

 

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