Listing ID: 74799
Sinfulicious Bodycare two great locations in Palm Springs and San Diego. At Sinfulicious they are dedicated to provide their clients with a different type of body and bath store. Featuring over 200 different scents to choose from their clients can customized all their skincare products. They carry a large selection of certified organic ingredients, antioxidants, moisturizing oils, paraben free, perfumed oils and essential oils. There is also an ample selection of products, including body scrubs, body moisturizers, facial care, candles, hand and foot care, aromatherapy, robes and several other products that cater to scent and skin ce needs. Please call broker for more details on these two turn-key opportunities and to arrange a showing.
This information while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies. DRE #01366091 000012822
- Asking Price: $495,000
- Cash Flow: $224,272
- Gross Revenue: $1,457,197
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,500
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Two locations San Diego and Palm Springs. San Diego location is 862 Sq Ft Palm Springs 1,500 Sq Ft
Will train for an agreed amount of time for a smooth transition.
Moving out of state.
The venture was founded in 2008, making the business 14 years old.
The company has 6 employees and is situated in a building with estimated square footage of 1,500 sq ft.
The real estate is leased by the business for $7,200 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals resolve to sell businesses. Nonetheless, the genuine factor vs the one they tell you might be 2 completely different things. For instance, they might claim "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors stand. However, for some, these may simply be reasons to attempt to conceal the reality of transforming demographics, increased competition, current decrease in revenues, or an array of various other reasons. This is why it is extremely essential that you not depend absolutely on a seller's word, yet rather, use the vendor's solution in conjunction with your general due diligence. This will repaint a much more realistic picture of the business's present situation.
Existing Debts and Future Obligations
If the current company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money so as to cover items like supplies, payroll, accounts payable, and so on. Remember that in some cases this can suggest that revenue margins are too small. Numerous businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that have to be satisfied or may lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location bring in brand-new consumers? Often times, companies have repeat customers, which form the core of their daily profits. Particular aspects such as new competitors sprouting up around the area, roadway construction, as well as staff turnover can impact repeat customers and also adversely influence future profits. One important thing to consider is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the higher the possibility to develop a returning customer base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? How might the regional typical home income effect future revenue prospects?