Tanning Salon / Absentee Owner

Not Disclosed, MI
Oakland County

Asking Price: Annual Revenue:
$139,900 $173,190

Recreation: Gyms, Health & Fitness, Sports

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RE: Tanning Salon / Absentee Owner Broker: Armen Nazarian
Owner Financing is Available!
$139,900 with $70,000 down, 8% interest, amortized over 60 months.

Quick Facts

Asking Price: $139,900
Annual Revenue: $173,190
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 3
BBN Listing #: 568052001
Broker Reference #: 0249

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Business Overview:

This is a great opportunity to own one of the nicest, state-of-the-art Tanning Salons in Oakland County! This beautiful salon has 7 levels of tanning including high-pressure and Sunless. Newer Sun Ergoline equipment has been added with all units in excellent condition. In April of 2019, Owner installed newer upgraded beds along with a Versa Spa totaling over $63,000! Salon is completely computerized and being run absentee! Current owner does no advertising…a new owner/operator along with some creative advertising/marketing, retail items and adding an EFT program, you have HUGE potential. The salon currently sells tanning packages, lotions and has room to sell swim suits and retail items. Turn key operation needing a hands-on operator to take it to a whole new level. A must see/must have business that will not disappoint or last long. Don’t wait! Contact Armen Nazarian. Please use email reply button of this ad to contact us.

*This store is being run absentee due to owner living out of state.

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Property Features and Assets:

This is a great opportunity to own one of the nicest, state-of-the-art Tanning Salons in Oakland County!

Reason for Selling:

Owner lives out of State.

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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