Tanning Salon in Great Location

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$95,000 $211,899

Retail: Health, Beauty, Nutrition


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RE: Tanning Salon in Great Location Broker: Marty Fishman
Owner Financing is Available!
40K for 24 Months @6% interest

Quick Facts

Asking Price: $95,000
Annual Revenue: $211,899
Net Profit: Not Disclosed
Cash Flow: $60,571
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 1
BBN Listing #: 1554630
Broker Reference #: 0101501292

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Business Overview:

14 year well established tanning salon. Very clean. Great location. 9 rooms - 4 UV Tannings beds, 4 UV Tanning booths and 1 Turbo Tan Turbine unit with a Norville airbrush gun for technician applied spray tan, and Versa Spa Airbrush booth. All machines are well maintained, and all tanning lamps are replaced before they reach their half-life to ensure tanning results for the customers. Great customer base. Space is 1,300 Square Feet. Rent, $6,000. Rates are by the session, package or memberships. One part time employee, and the owner operator run the salon. Excellent books & records from tax returns. 2020 is ramping back up to 2019 numbers after being affected by Covid 19 shut down & slow down. Please refer to listing 0101501292 , business broker Marty Fishman when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $6,000; Square Footage: 1,300; Building Type: Plaza; Terms & Options: neg with LL; Expiration Date: 7/28/2021.

Market Competition and Expansion:

Non Compete : Miles: 10 Years: 3

Reason for Selling:

Family

Additional Details:

  • The property is owned.
  • The owner is not 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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