Thursday, February 16, 2017 9:14:20 AM
(Irvine, California, Feb. 1, 2017)
http://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=24067
My Social Income, Inc. ("MSOA") (OTC: MSOA) CEO, Christopher Kimberlin, is pleased to announce that under MSOA’s new business plan, that of being a holding company to acquire and develop subsidiaries, that MSOA has made its first company acquisition. MSOA has purchased all the assets of Blu Sol Massage Spa Tolleson (d/b/a Blue Sol Spa) http://blusoltolleson.com/ for $220,000. In keeping with MSI’s new mission, that of buying profitable companies that have strong positive cash flow, MSI is pleased to state that Blu Sol Spa fits that description. Blu Sol Spa is an 8 year old spa in Phoenix, AZ. In 2016 revenues were $406,356.56 and expenses were $349,973.18 generating a profit of $56,383.38.
Blu Sol Spa is a family owned business that promotes healthy living and well-being through a total and complete rejuvenation of one’s body, mind and spirit. Services include massage, couples massages, facials, skin care, waxing, body scrubs and teeth whitening. This business is in a great location and has approximately $11,000 monthly in membership fees and approximately $10,000 to $20,000 a month in walk in business. It has a well trained staff from massage to facials to front desk personnel. They are trained in the booking system and marketing programs. Several of the staff members are teachers at the largest massage school in Arizona and are always on the lookout for new staff personnel and new services to offertheir customers.
“As CEO of MSOA, I am very excited about the potential for continued growth of Blu Sol Spa’s business but I am extremely excited about expanding the business thru additional locations. Blu Sol Spa has received high reviews on major websites such as Google, Yelp, Spa
Finder and Demand Force to name a few. It has a customer data base of over 4,000 and has the potential to add revenues by expanding services in the present location including a hair salon space that is already built out. With additional marketing efforts and the potential for
additional spas in the Phoenix area it is a perfect opportunity for the establishment of our “Managing Partner Program”.”
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