Tanning Salon

| Asking Price: | $195,000 | Inventory: | |
| Gross Revenue: | $242,000 | Real Estate: | n/a |
| Cash Flow: | $82,378 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Assumable SBA Loan, $118k, 7 years, 5.25%, $1,820/month. With $25,000 down, owner will finance the balance. Immaculate, new salon with state of the art equipment, professional remodel and situated in a shopping center in an upscale beach neighborhood. The interior features hardwood floors, professional paint and secure, quiet rooms. The lease is long term at below market rate with 5 years and an additional 5 year option. Currently, they have upscale tanning beds (including a new Royal Sun), a Norvell Airbrush spray tan booth, massage, and recently they began doing facials and waxing. There is over $150k in equipment and upgrades to the facility. The laundry room that can be converted to showers to enhance the spa. The Salon shows great, must see as a customer to appreciate.
About the Business
Year Established:2005
Employees:1 full time - 5 part time
About the Sale
Reason For Selling:Retirement
Seller Financing:$40,000 Down.
KEYWORDS: santa cruz, tanning, facials, waxing
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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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