Profitable Tanning Salon
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $501000
Net Profit / Cash Flow $138000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1965
Number of Employees 1 - 3
Inventory 175000 Equipment & 1500 Inventory
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will remain post closing 30 days and supply a long term transitional period.
Reason for Sale The owner is retiring from the industry after many years of personal success.
Description Modern Tanning salon with a gross income of $501,253 and a solid net yearly income to the owner. The business has clean modern image with updated equipment in an active commercial mall. If you are looking for a warm, relaxing getaway where you can develop a beautiful golden glow, this is the place to visit. They are committed to offering the best equipment, most knowledgeable consultants, and most effective skin care products in the tanning industry. The salon is known for quality and value it gives to their customers. They do not use the session system, they use dollars system, if you tan a fraction of a session, and you only pay for the fraction of the session you use. They change their bulbs regularly so you get the maximum tan from each session. The salon has five levels of tanning and a wonderful Mystic Spray tanning system. This is a wonderful opportunity priced to sell with owner financing. This wonderful ultra modern facility is located in an active mall, consists of 2,700 square feet in an upgraded and modern commercial setting. The business has a pleasant image with a modern waiting area, a full line of newer equipment and designed for the best possible personal service. This business is located in an active commercial area of Somerset County, New Jersey on a busy county road with various private businesses that attract a large volume of daily shoppers and nearby to various highways for customer convenience.
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