Established Tanning Salon Non-Franchised
| Asking Price: | $70,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | $153,307 (comments below) | Real Estate: | n/a |
| Cash Flow: | $48,276 (comments below) | FF&E: | $257,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: 2008 | |||
Amazing opportunity to purchase an established tanning salon in desirable Chester County. The salon is built around a unique and attractive beach theme. This business has been run completely absentee for the last five years. The owner spent approximately three hundred thousand dollars to open this location. A new owner can take this business over for just a fraction of that cost. This is the only tanning salon in town. A new owner could greatly increase sales by actively operating the business. Sales could be increased through advertising and marketing efforts, which the current owner does very little of. Sales could also be increased through the addition of new services. A new owner could add massage, nail and hair services. A new owner could also add airbrushing in order to increase sales. The business is currently open Monday through Friday from 10:00AM to 8:00PM and Saturday from 9:00AM to 6:00PM. A new owner could increase sales by opening on Sundays. The current lease is up in February giving a new owner the opportunity to negotiate a better rate. For more information please call Doug Whalen, Esq. of Esquire Business Brokers at 610-551-9733. Please visit www.esqbb.com for the status of this and other opportunities.
About the Business
Year Established:2004
Employees:7 full time - 1 part time
Facilities:The owner invested approximately $300,000 in initial equipment and fit-out costs for this salon. It is located in a 2,500 sq/ft building and only has a few months left on the lease. This is a good time to negotiate a better rate with the landlord.
Market Outlook and Competition:A new owner operator could greatly increase sales.
About the Sale
Management Training and Support:Negotiable
Reason For Selling:The owner is moving out of the area.
Attached Files - Attachment Disclaimer
KEYWORDS: Tanning, Tanning Salon, Established, Non-franchised
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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