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Tanning Salon Business For Sale In A Growing Area
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $145000
Net Profit / Cash Flow $55000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 4 - 5
Inventory $95,000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training One month and ongoing phone consultation.
Reason for Sale Has a full time job. Needs owner-operator.
Description Well-established state-of-the-art tanning salon needs owner operator. With owner operator, cash flow projection is approximately $55,000 to $60,000. With onsite owner operator promoting business, 2011 projected revenues could project to about $200,000, as owner has full time job and former partner relocated. Currently, manager in place but not ideal situation according to owner. At $200,000 revenue number, cash flow could rise to the $75,000 to $80,000 range. Equipment is valued at $95,000 and is in great condition as well as being well maintained. Advertising budget can be closely monitored and gauged to promote discounts. Annual cash flow from subscribers already $35,000. Would like to get this base recurring revenue to $50,000 plus. A great deal for someone who wants to operate his or her own high end tanning salon. A great deal for someone who wants to operate their own high-end tanning salon.
General Information:
Facilities: 2,000 sq ft. area.
Competition: Zero to small amount.
Growth and Expansion: Huge potential for growth with additional locations.
Support/Training: One month free training.
Reason Selling: Has full-time job; needs owner operator .
Year Established: 2004
Employees: 5
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