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Consistent Cash Flow Money Maker Reduced For Sale

Red Deer, Alberta, Canada
Asking Price:
$45,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$50K - $100K (CAD)

Current owner has never worked at this shop and it still makes her money! Retirement and travel plans are the reason for selling it now. Turn key operation with 5 hair stylist chairs, Nail Station (always booked solid) , pedicure chair and private spa room. This Full service aesthetics business has been successfully operating for 25+ years and is growing stronger than ever. The addition of major exclusive product line "Eminence Organic" has added hugely to the bottom line. Recently updated and very clean. The modern restful atmosphere makes it a great place for both staff and clients. List of chattels available. Excellent one year return on investment ! Last 5 Years Financial Statements available. The Base lease is $18.50 per sq ft per year and ends in Oct 2023. The common area cost of this Triple net lease is and additional $9.10 per sq ft per year. Current total is $2,672.60 per month. Inventory sold at below wholesale replacement cost. Click Multi Media Icon for actual You Tube walk through Video to get a feel for the business.

Property Information

Real Estate:

Lease

Lease Terms:

till Oct 2023

Leasehold Rent:

$32,000 (CAD) per annum

Location:

255 Davidson Drive in South Red Deer.

Premises Details:

Strip mall with other professional services in nice district

Size in square feet:
1,162

Business Operation

Competition / Market:

None close by

Reasons for selling:

Retirement and travel plans

Trading hours:

10-6

Employees:
5
Years established:
1988

Other Information

Support & training:

Owner is willing to stay to train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

50%

Inventory / Stock value:
$20,000 (CAD)
Relocatable:
This business can be relocated.

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