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Business For Sale

ALDERWOOD MALL - TEETH WHITENING BUSINESS

Attn: Kirk or Randi Edwards
Lynnwood, WA, USA
Listing Number: "hfngAWMBright"
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Asking Price: $90,000 USD USA Dollars
Business for Sale Industry: Services: Medical, Dental, Assisted Living  
Reason for Selling: The Seller has many other Business Interests
Year Established: 2008
# of Employees: 2 Full Time / 3 Part Time
Yearly Revenues: $314,578
Yearly Cash Flow: $157,911
Yearly Net Profit: $157,911
Yearly Gross Income: $314,578
 

Business for Sale Overview:

This is a revolutionary new concept in teeth whitening. It just opened in June of 2008. The business has an outstanding Alderwood Mall kiosk location with high visibility and great foot traffic. Teeth whitening is a $30 billion dollar a year industry. The average teeth whitening session costs between $500- $700 by a dentist, and only $99 by Bright Smiles, and takes two to three times longer than Bright Smiles, which only takes about 20 minutes. There are no special licenses or training needed to operate this business. It can be operated as an owner operator or absentee. There is no other direct competition in the Mall. The Seller is offering Seller terms with 50% down, 3 year terms, @ 8% interest. This is a turnkey business.


Property Features and Assets:

This is a kiosk in the Alderwood Mall across from Macy’s in an outstanding high traffic area. The lease is a standard Mall lease running till 6/1/2009 with monthly payments of $4,181. The current kiosk is a temporary and a permanent kiosk is scheduled by the end of the year. There is a favorable long term lease in place.


Market Competition and Expansion:

No other direct competitors in the Mall. This is a proprietary system that only takes about 20 minutes and is a fraction of the cost of the dentist. There are no special licenses required to work this business. Teeth whitening is a $30 billion dollar a year industry. The average teeth whitening session costs between $500- $700 by a dentist, and only $99 by Bright Smiles, and takes two to three times longer than Bright Smiles, which only takes about 20 minutes.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is a distressed business or bankruptcy situation.

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