Local Business - Absentee Ownership
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $180273
Net Profit / Cash Flow $69648
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Inventory 16000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Owner will provide.
Reason for Sale Owner has multiple businesses.
Description Ask Price - $149K, Cash Flow - $58K!
Excellent opportunity to take over an upscale tanning salon in a prestigious bedroom community of north Austin. This established business has brought in $65k+ in discretionary earnings over each the last three years. New owners can take advantage of this easy to operate service business with low overhead and consistent sales. This business provides the flexibility of working very limited hours while achieving a spectacular return on investment. Sales and earnings have increased 5-6% in 2012!
This business benefits greatly from being the only tanning salon in the community, which has a growing consumer base with plenty of disposable income. The closest competitor is six miles away. As a result the business has not had to spend any marketing/advertising dollars to hit its sales or profitability goals since its inception.
New owners have the opportunity to build on the already established reputation of the business in the local area and increase sales via low cost direct mail marketing or community newsletter advertisements!
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