6040-Tanning Salon with PT fitness training area

Not Disclosed, PA
Philadelphia County

Downtown


Asking Price: Annual Revenue:
$295,000 $197,000

Services: Hair, Nails, Spas, Tanning


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RE: 6040-Tanning Salon with PT fitness training area Broker: Dave Cantera

Quick Facts

Asking Price: $295,000
Annual Revenue: $197,000
Net Profit: $110,000
Cash Flow: $110,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 3
BBN Listing #: 940454277
Broker Reference #: 6040

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Business Overview:

One of the easiest businesses to run. Philadelphia County location with heavy foot traffic and happy customers coming in all day long. Owner works part time, staff opens and/or closes when owner is absent. It just doesn't get any easier than this! Cash flow noted is for owner/operator working 50 hours/week before debt service taking NO salary.

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Property Features and Assets:

Tons of millennials in a densely business and residential area.

Market Competition and Expansion:

owner does almost no marketing, put the word out and increase business many fold.

Reason for Selling:

Owner retiring.

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.

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