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Business For Sale

Tanning Salon with Solar Energy System

Monmouth County, NJ

Services: Hair, Nails, Spas, Tanning

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$322,000
$260,000
Not Disclosed
$177,371
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1995
3
12462979

Business Overview:

This very large 2,500 sq. ft. tanning facility in Monmouth County is meticulously maintained and operated business, conveniently located in a shopping center with popular shopping and eating establishments anchoring the center. The salon was established 15 years ago and the equipment has continually been upgraded, most of the equipment is only 5 years old. It has 18 tanning systems consisting of 8 stand up booths, 8 beds and 2 spray tanning systems with tanning levels ranging from level 1 to level 6. This salon was one of the first to take steps to reduce its energy demand with the use of a 10,000 watt solar power system. They have successfully reduced their energy demand by 15%-40% based on weather conditions, and business volume. A large portion of their client base participates in the recurring monthly package system, where the owner automatically charges patron’s credit cards for their membership package each month. Lots of potential being offered well below replacement cost (over $485,000). Highly motivated seller has 3 additional locations available. Great opportunity to franchise.

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:

This 2,500 sq. ft. salon with a solar system consists of 8 stand up tanning systems, 8 tanning beds and 2 spray systems. Most of the equipment is only 5 years old located in a shopping center with plenty of parking. Lease 2 years + 10 year option.

Reason for Selling:

Other business interest

Additional Details:

  • The property is owned.
  • 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: