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Laundromat

This laundromat was established in 2009 and is located in a retail strip mall at a busy intersection. The facility has lots of windows, good visibility from the street and tons of parking. The surrounding neighborhood is full of young families and college students. All of the commercial laundry equipment was purchased new and is in excellent condition. The major equipment includes 36 Dexter washers, 16 Dexter dryers, 375 gallon water heaters and a water softener. The installation also included new plumbing and electrical.

The owners live in a neighboring county and have decided to sell because it is too far away to manage. They have built a reasonable business base as absentee owners but it needs a new owner who can do some local marketing and add services such as Drop-off Service, Wash Dry & Fold and the opportunity to develop commercial business with caters, wedding businesses, etc. Price includes assets and leasehold improvements valued at $398,109.

AGENT: Scott Sceili

 
List Price:
$375,000

Location:
Utah / Utah County

Gross Revenue: $99,920

Adjusted Net Income: $53,648

FF&E: $298,109

Inventory: NA

Real Estate: Leased

Reason for sale: Owners live too far away

   

   

Upscale Salon

This attractive and nicely decorated upscale beauty salon is located in the heart of a retail and business district in an affluent part of the Salt Lake valley. They offer the full spectrum of hair treatments as well as high-end hair care products. They are well known in the community, with a very loyal following. The facility has over 20 stations, including wash/shampoo stations. In addition there is a very nice comfortable retail waiting area with a reception desk.

The financials included in this profile include income produced by the seller as well as booth rental income. The seller desires to continue as a stylist paying large-booth rental and the “new owner projection” represents potential income and expenses with all booths rented. A new owner could manage the facility and not produce styling income or could be a stylist, produce his/her own income and not pay booth rent.

This is an excellent opportunity to become the owner of this high profile, up-scale business and experience the pride of ownership that comes with this business. Seller will finance $75,000 for a qualified buyer.

AGENT: Scott Sceili

 
List Price:
$150,000

Location:
Utah / Salt Lake County

Gross Revenue: $155,818

Adjusted Net Income: $68,409

FF&E: $59,164

Inventory: $4,000

Real Estate: Leased

Reason for sale: Semi-retire

   

   

Catering Company

This full-service catering and event design company creates a wide variety of social, corporate and non-profit events. The Company has over 20 years experience and a roster of experienced professionals. They also have very high customer service ratings on web sites like Yelp and Google.

They can create and manage events in a wide range of venues around the San Francisco Bay area -- wineries, historic estates and downtown landmarks. For many venues, they are a preferred or recommended supplier.

The business has low overhead, since they don’t have their own kitchen facility. They pay a small monthly retainer (mainly for storage), and hourly usage fee, for a kitchen. The owner runs the administrative side of the business from a home office. A new owner could significantly increase the business by devoting more time and energy to marketing.

AGENT: Duane Bush

 
List Price:
$200,000

Location:
No. California

Gross Revenue: $288,413

Adjusted Net Income: $69,704

FF&E: $10,000

Inventory: not incl.

Real Estate:Home based

Reason for sale: Pursue other interests

   

   

Accredited Cosmetology School

This licensed, accredited cosmetology training center was founded in 2005 to meet a need for highly trained and educated professional estheticians. Their programs include Basic and Master Esthetician state licensing courses. The company's accreditation is from the National Accrediting Commission of Cosmetology Arts & Sciences (NACCAS). This accreditation allows them to participate in the US Department of Education financial programs (grants & loans) to qualified students. They are current on their Compliance Attestation Examinations. Their facilities include practical training rooms, lunch room and laundry as well as a student clinic. With minimal owner involvement, the business grew 38% from 2008 to 2009 and 25% from 2009 to 2010. This business meets SBA financing guidelines for a qualified buyer with a strong background and education in school administration/vocational training along with capital resources of $200K to $300K.

AGENT: Scott Sceili

 
List Price:
$900,000

Location:
Utah

Gross Revenue: $1,068,641

Adjusted Net Income: $273,053

FF&E: TBD

Inventory: $10,000

Real Estate: Leased

Reason for sale: Focus on other business

   

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