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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