BUSINESS ANALYSIS AND SALES PROSPECTUS

REPORT

TUCCI’S NAIL SPA, INC.

Prepared for:

QUALIFIED POTENTIAL BUYERS

Personal and Confidential

(Subject to Provisions of Signed Non-Disclosure Agreement)

This prospectus contains business and financial information provided by the owners of the company, and other third parties. Financial Statements were prepared either by management, or by the company’s accounting firm. The information herein is being presented as an aide to qualified potential purchasers in performing due diligence, for their determination whether or not the business meets their investment/business acquisition requirements. Agents have prepared this material in the capacity as a business broker, working for the seller for purposes of selling the business. Brokers did not compile, review, or audit the financial statements according to standards established by the AICPA. Accordingly, Broker makes no opinion as to the financial position of the company.

PREFACE

This Company’s Business Analysis and Sale Prospectus Report is provided for the sole and exclusive use of qualified potential purchasers of the company. The business analysis pertains to the business referred to as the “Company.” The purpose of this Report is to provide the qualified potential purchaser with business and financial information concerning the company. Income and expense figures for the company have been taken from company financial statements without audit by the preparer of this report. Other considerations include (but are not limited to) certain assumptions about the future business, market conditions, the ability of a new owner to effectively manage and operate the company, and comparable sales transactions of similar privately held companies.

The term “fair market value” for this prospectus is defined as the price at which a business would change hands between a willing and knowledgeable buyer and a willing and knowledgeable seller. This Report:

·  Assumes that the new owner(s) of the Company will have the necessary resources and commitments to not only acquire, but also to grow the Company.

·  Assumes that the buyer becomes knowledgeable about the Company and its operations and will accomplish a rigorous due diligence process to verify all purported facts, estimates, calculations, and suppositions, and not rely solely on this document to support a purchase decision.

The analysis and subsequent valuation estimate of a closely held business, such as this Company, is not an exact science and requires considerable judgment of many factors, such as:

·  The history and nature of the business in which the Company is engaged.

·  The outlook for the overall economy and the industry the Company is in.

·  The latest financial condition of the Company.

·  The future earning capability of the Company and the associated risks.

·  The Company’s ability to continue generating the necessary cash flow to support a purchase.

·  The worth and value of the goodwill/intangible assets of the Company.

The author of this Market Analysis and Sale Prospectus Report has relied on the information provided by., as to the nature of its operations and financial performance. Also relied upon were tax returns from the company’s CPA. No attempt has been made by the Brokers to independently verify the accuracy of the information, although all facts presented are believed to be true and fully supportable under a rigorous due diligence examination. This business analysis is not comprehensive and only includes basic information of the business.

The Company requests all inquiries regarding this acquisition be directed to Marina Solo or Paul Heymann.

Marina Solo Paul Heymann

Cell: 954-850-9455 Cell: 954-931-2742

ASKING PRICE

$475,000.00

ORIGIN, OWNERSHIP, GENERAL INFORMATION, AND CONTROL

The owners of the company have operated the business since its inception in 2013.

The Company is an S Corporation.

NATURE OF BUSINESS

The company primarily offers nail care services such asmanicures,pedicures and nail enhancements. This includes acrylics, silk or fiberglass wraps, French manicures, polish, pedicures, etc. The salon also offers hair care services, facial treatments, waxing, and skin care. It is essentially a one-stop beauty salon.

https://twitter.com/TucciSpa

thtps://www.facebook.com/tuccinailspa

HAIR SALON ROOM

SEASONALITY OF BUSINESS

The business is operated one of the most upscale Neighborhoods in South Florida (Bal Harbor/Surfside). The business does experience an increase in the winter months when tourism and winter residents are in town.

AFTER THE SALE TRAINING

The owner will provide thirty (30) days of training at no cost to buyer to ensure a smooth transition.

NON-COMPETE

The principal has signed a 15 mile two (2) year non-compete agreement.

HOURS OF OPERATION

Monday – Saturday 11:00 AM to 7:30 PM

Sunday 11:00 AM to 7:30 PM

REASON FOR SALE

Owner Moving Out of State

EMPLOYEES:

BUILDING AND FACILITIES

The business operates from a storefront on Harding Avenue in Surfside. Harding Avenue is a very busy Main Street and the business is in a very desirable prime location.

CURRENT LEASE

The current monthly lease is $ 5,000 per month

*TAX RETURNS AVAILABLE FOR REVIEW UPON REQUEST

EQUIPMENT / ASSET LIST

Available on Request

INVENTORY

Approximately $500.00 of inventory will come with the business.

ACCOUNTS RECEIVABLES

No Accounts receivables will transfer with the company.

TWO YEAR FINANCIAL HISTORY

YEAR / 2016 / 2015
Gross Revenue / 1,086,800 / 1,070,888
Cost of goods / 638,654 / 706,628
Gross profit / 448,146 / 364,260
Expenses / 151,303 / 174,078
Net income / 296,843 / 190,182
Adjustments / 63,768 / 63,533
Owner benefit / $360,611 / $253,715

OWNERSHIP TRANSFER SPECIFICATIONS

The sale will include the name or the company, website, phone numbers, along with existing assets and customer base.

Frequently asked Questions & Answers:

Questions regarding this opportunity should be directed to:

Marina Solo Paul Heymann

Cell: 954-647-8296 Cell: 954-931-2742

This business analysis in not comprehensive and only includes basic information about the business which has been provided by the seller. /Business Brokers have not proven the accuracy of any information provided by the seller. It is the responsibility of the buyer conduct their own due diligence.