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For Sale
Prairie
Waves Esthetics
Home and Business
Manitou, Manitoba
House:
$170,000
Business: $49,500 Turn Key
operation (home and business). Ask owner for separation figures for
business/equipment. |
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VALUE STATEMENT
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| Gross sales |
$38,000 |
Land (100 x 150)
and building (3,000 ft²) are valued at $179,000
Replacement value of building is estimated at $412,000
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$170,000 |
Inventory
wholesale value at cost - NOT INCLUDED
counted and paid on possession date. Approximately $250,000 |
$3,000 |
Fair market value of
equipment – 2 work stations – Set up for 2 people to
work – everything to go with – Plus 3rd station -
aesthetician and equipment
Total value $4,000 - (new replacement cost $12,000) |
$4,000 |
| Leasehold
improvements $8,000 (new replacement cost $12,000)
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$8,000 |
Current yearly cash
flow of $38,000 is valued at $50,400
Based on 3x annual normalized net of $16,400
(Support data released to qualified buyer with a
Confidentiality Non-disclosure) |
$50,400 |
| Seller's Estimated
Value of this opportunity (plus inventory at cost)
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$62,000 |
| Asking price
for business (plus inventory at cost) |
$49,500 |
| Asking price for home is
$170,000 – Owner will sell business or home separately. |
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Business:
- includes all equipment and stock
- three stations
- two hairstylist
stations
- esthetician room
- services include cuts, colours, perms,
nails,
pedicure, facials and waxing
- several package deals offered
- hours of operation
- Monday by appointment only
- Tuesday 10:am - 6:pm
- Wednesday/Thursday 10:am - 8:pm
- Friday 10:am - 5:pm
- Saturday 10:am - 4:pm
- Sunday CLOSED
- located on main street with good exposure
- close to all
businesses in town
- 5 years at this location
- good clientele in town
and surrounding area
Taxes:
Land:
HoUSE:
- 100 year old character
- three-brick-thick
walls
- field stone basement
- 1 ¾ storeys
- three dormers
- 1,200 ft²
main floor
- 900 ft² upper floor
- finished basement
- hardwood floors
- recently renovated in different areas
- new kitchen cabinets, includes
five appliances
- new windows, shingles, doors all
since 2003
- deck
- three piece bathroom on main floor
- two-piece bathroom on second
floor
- baseboard electric heat
- rumpus room, bedroom, storage room, cold room
and laundry room in
basement
- laundry twins on main floor
- home is well maintained
- can be used as a 5 bedroom home; as is; or
for any retail commercial
- mature landscaping
- garden,
poplar tree, Nanking Cherry tree, daylilies, apple tree, cedar, spruce and
more
- attached gazebo and pond in yard
- town services
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