Business Overview:
Established tanning salon with 16 multiple level beds to offer the ultimate level of tanning. Salon has been in operations for six years and has established a strong following. A business that operates with a low overhead generating gross revenues of nearly $200,000 and a cash flow for an owner operator over $85,000 per year is a deal for the asking price of $189,000. Owner is presently not active in daily operations of this salon so an owner operator has a lot of opportunities to grow clientele and sales. Great location just outside of Knoxville, TN.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The Salon is in a small strip center and has 2,000 sq. ft. with plenty of parking. The FF&E present day value is $60,000 and included in the asking price. All beds are in excellent condition and very well maintained.
Market Competition and Expansion:
Growth and Expansion: The salon does well but with active ownership the opportunities are readily available for additional growth.
Support/Training: 28 days will be provided by the seller.
Reason for Selling:
Other interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: