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Business For Sale
9715 - TANNING SALON FRANCHISE
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Asking Price: |
$260,000
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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Other business interests |
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Year Established:
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2003 |
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# of Employees:
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5 |
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Yearly Revenues:
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$290,000 |
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Yearly Cash Flow:
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$68,000 |
Business for Sale Overview:
Montgomery County, PA. Franchised Tanning Salon located in Montgomery County at an extremely busy intersection in a large shopping center anchored by a Giant Supermarket. Very large and spacious Salon with room for expansion, and possibilities for ancillary diversity. Proprietary state-of-the-art equipment and lotions made exclusively for this franchise. Progressive, modern P.O.S. (point of sale) system has built-in checks and balances to ensure reliability of deposits. No appointments necessary, and plenty of tanning booths result in low or no wait times for customers. Tanning packages available for any budget. Store nicely appointed throughout with plenty of visibility and signage. Currently runs absentee owner; needs hands-on ownership to convert to higher profits. Cash flow reflected is based on one full-time owner/operator. Royalties are 7% of gross sales. Advertising Fees range from $1,000 to $2,500 per month.
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 a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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