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Business For Sale

FULL SERVICE TANNING SALON

Attn: Anthony Chrysovergis
Silver Spring, MD, USA
Listing Number: "2918"
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Asking Price: $300,000 USD USA Dollars
Business for Sale Industry: Services: Hair, Nails, Spas, Tanning  
Reason for Selling: Family health reasons.
Year Established: 1992
# of Employees: 1 Owner plus 4 Part Time
Yearly Revenues: $240,000
Yearly Cash Flow: $125,000
 

Business for Sale Overview:

This location is located in a busy shopping center of Montgomery County and has been in this location for 15 years. The revenues for the year ending December 31, 2007 is in the neighborhood of $240,000. It is the opinion of the owner (who is almost absentee) business could be increased significantly if it is operated by the owner who could provide the professional service his clients deserve. Lease expires 12/31/10 but an extension can be negotiated with the landlord. Projected cash flow $125,000.


Property Features and Assets:

Building Size 1,080 square feet; Lease Period: 12/31/10; Monthly Rent: $3,800; Deposit: $3,500.


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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