Established Tanning Salon For Sale in Union County

Not Disclosed, NJ
Union County


Asking Price: Annual Revenue:
$225,000 $350,000

Services: Hair, Nails, Spas, Tanning


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RE: Established Tanning Salon For Sale in Union County Broker: Mel Vaz

Quick Facts

Asking Price: $225,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 6
BBN Listing #: 57834447
Broker Reference #: Not Disclosed

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Business Overview:

Long Established Tanning Salon - Run Absentee. Room to add waxing and lashes. Full management and staff in place. Established over 16 years. Very limited competition. This business occupies a spacious 4,000 square feet space, complete with over 23 tanning beds. They recently went through a major remodel, adding a new washer, dryer, new tanning beds, new airbrush room and new waxing rooms. There is a camera system in place that can be viewed remotely from anywhere (10 cameras). There is a Full Time manager in place who oversees daily operations. In the past 12 months, the business grossed approximately $350,000.00, with a net cash flow of approximately $100,000.00. The owner keeps excellent financial records. The current figures represent tanning sales, alone. A 10 year lease is possible for a qualified tenant. The current rent is $7,435 for a huge 4,000 square feet space. The business has its own gated parking lot. We are seeking a serious and financially qualified buyer with at least $225,000 in liquid funds. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

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Reason for Selling:

Divesting

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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