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Business For Sale
UPSCALE TANNING SALON WITH ROOM FOR GROWTH
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Asking Price: |
$325,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hair, Nails, Spas, Tanning
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Reason for Selling:
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Owners want to relocate to another state. |
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Year Established:
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2005 |
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# of Employees:
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4 |
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Yearly Cash Flow:
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$60,000 |
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Yearly Gross Income:
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$162,000 |
Business for Sale Overview:
Gorgeous new tanning salon with state-of-the-art equipment, including 15-minute Velocity tanning bed, hydromassager and 7 other tanning beds and booths. Owner couple has opportunity for husband in another state. Profits doubled in second year and 3 rooms could be used for additional tanning units. A new facility of the same caliber would cost more than 300K to open without the 3,000+ customers on the email list. The Helios software program and a top-notch website are included in the sale, as well as all equipment. It's a great spot for anyone who understands the business and wants to take advantage of this rare opportunity. Tanning products sell well at this location, ranging in price from a few dollars to $125, and the supplier says the salon beats all others in sales of high-end items.
Property Features and Assets:
The beautiful 2,000-sq.-ft. store is located on the exterior of a shopping mall on a very busy highway on Long Island. The salon features 9 treatment rooms, two bathrooms, a shower, an office, a storage area and a break room with a washer and dryer for towels, a microwave and a refrigerator. The furniture is mostly from Bombay and each treatment room includes a cabinet for jewelry and towels, and a volume control knob for the music.
Market Competition and Expansion:
The tanning salon dominates as "the" tanning place in the area because of the new equipment and small details. Each customer gets a free bottle of cold water upon entering, a free set of eye protection goggles upon buying the first tan and personal attention not found in other salons. Each employee is training to work with customers. Monthly internet specials attract both new and previous customers to use the salon's services.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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