Tanning Salon For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $224608
Net Profit / Cash Flow $88000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory $125000 equipment & $1000 inventory.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will remain post closing and supply a long term transitional period.
Reason for Sale The seller is retiring after many years of success in this service industry.
Description Solid opportunity with a wonderful return on investment for an owner operator. This successful salon has a gross income of $234,000 and a net yearly income of $98,000. The business offers a large variety of designer beds and booths for its customers tanning needs and is located in a convenient commercial location with lots of available parking. In addition to UV tanning, this salon offers an extremely clean, healthy, and private environment where their friendly, informative staff can help you achieve a beautiful golden brown tan in a very short time. The salon offers the best tanning guarantees in the industry all with no appointments, no contracts, and no commitments. This service adds up to the most incredible tanning experience for their customers. They have various levels of tanning, many different tanning session packages, plus lotions and tanning accessories. The business has been priced very competitively with owner financing and based on the net yearly income the owner will obtain a minimal 50% return on investment. The facility consists of 2,500 square feet on a busy commercial shopping avenue with a large variety of businesses. The facility consists of a modern facility with private areas for the tanning beds for the customers. The business has a modern attractive image with a separate seating area and a rear storage room for the required supplies. This business is located in an active area of Monmouth County, New Jersey on a county road and near to various highways.
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