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November 16, 2004
By: TOM BRANNA
Editor
Day Spas of America, Inc. announced it has signed a letter of intent to purchase New Faces of Brandon, Inc., which has owned and operated a Merle Norman Cosmetics Studio retail outlet in the location for the past 20 years.Day Spas of America will pay $115,000 cash by Dec. 31, 2004. Retail inventory is included in the purchase price and can not fall below $40,000 at cost at the time of closing, according to the terms of the agreement.“We have been looking for the right line of cosmetics to ...
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