Upscale Tanning Salon and Spa - 32393

Not Disclosed, PA
Philadelphia County


Asking Price: Annual Revenue:
$200,000 $170,000

Services: Hair, Nails, Spas, Tanning


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RE: Upscale Tanning Salon and Spa - 32393 Broker: Seller of Business

Quick Facts

Asking Price: $200,000
Annual Revenue: $170,000
Net Profit: Not Disclosed
Cash Flow: $84,500
Total Debt: Not Disclosed
FF&E: $12,000
Real Estate: Michigan
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 61704447
Broker Reference #: 32393

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Business Overview:

In the most gentrified section of Philadelphia and home to an upscale young professional environment, sits this newly constructed and new to market, two-year young tanning salon. Having achieved her hoped-for success, this senior citizen now wishes cash-out in order to follow her children who have just moved to Florida. This salon offers spray tanning, facials, exfoliation, full body waxing, lash extensions and very soon, a highly sought-after fiber-blasting skin tightening process to more than 1600 clients including men who come in for tanning, exfoliation and back and chest waxing. The average customer now spends $65 per visit but fiber-blasting which runs $400 to $600 per treatment will soon jump that number. And, the construction of four residential condo/rental units on the same street and within 50 feet of the salon are near completion. These buildings will only draw the right age, right income and right-minded future clients of the salon. Their draw is much more than local; Yelp's five-star rating has helped it draw from a wide berth several counties away including those from Jersey. Help send this woman to a happy, well-deserved retirement. For more information, contact Gerald Nimberg or email us.

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Reason for Selling:

Retiring

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.

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