Unique Personal Services Store with Regional Development

Listing ID:
AUSTITX001-N718

Austin, Texas, United States

Other Personal Care Services

Sunbelt of Austin

View all listings from this office
Phone: (512) 349-7100
Fax: (512) 329-0807

The following broker is assigned to this listing:

Jim Pringle

info@sunbeltaustin.com
Cell: 512-826-2416

Description

Therapeutic personal services franchise regional developer and operating store unit with 5 total operating units in the region with a market that may support up to 18 units. The developer owns and operates a single unit with development rights in the Central Texas market including Austin, San Marcos, Temple and Killeen. Concept is proven with excellent upside. Owner’s other job
requirements prevent required focus to develop the region fully. Revenue and Seller
Discretionary figures are the combined totals for the retail unit and the territory operations. Due to the need for confidentiality, further descriptions and locations will be revealed upon receipt of prospective buyer registration documents including confidentiality agreement.

Financials

Asking Price:$500,000
Revenue:$555,838
Cash Flow:$96,724
Downpayment: NEGOTIABLE
Monthly Payroll: ON REQUEST
FF&E Asking Price:$25,000 (Included in Asking Price)
Inventory Asking Price:$3,000 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:1826 sq ft

Other

Franchise?Yes
Homebased?No
Relocatable?No
Year Established:2005
Year Acquired:2008
Full-Time Employees:1
Part-Time Employees:9
Reason For Sale:Owner's other full time job limits ability to fully develop the territory.