Tanning Salon
Seller Financing Available
Asking Price:   $299,000Inventory:   
Gross Revenue:   $405,012 (comments below)Real Estate:   n/a
Cash Flow:   $142,432 (comments below)FF&E:   n/a
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: annualized
Cash Flow Comments: annualized
Well Established Tanning Salon - Absentee Run. Want To Keep Your Job And Own A Great Business On The Side? Then This One May Be For You - It Has Been Absentee-Owned Since Its Beginning 10 Years Ago. The Manager Has Been An Employee For 7 Years! Location Is On A Very Busy Street At An Intersection With A Traffic Signal In A 10-Year Old Strip Center With Two Franchised Businesses. Right Across The Street From A Very High Traffic Coffee Place And Good Signage & Visibility. Professional Looking Building And Signs All Around With Its Own Parking Lot. Area Has Good Demographics With Better Disposable Income And Fashion-Conscious People. Recently Got A New Premises Lease Which Reduced The Rent From 3.20 Psf To 2.75 Psf, Adding 8,100 To Earnings Annually. Manager Is Paid 42,000 - This Amount Is Reported In The Earnings Of 176,952 Which Represents Owner/Manager Earnings. 12 Treatement Rooms Including Tanning Machines Levels, 1, 2, 3 And 4 Plus An Air Brush Room And Spray Tan Booth. One Level 2 Standup And One Level 4 Standup. Each Room Is Equipped With A Stereo. There Is A Leg Tanning Machine In The Lobby Which Does Well. Lobby Sells High Quality Lotions And Related Tanning Items. Airbrush Business Has Grown To The Point Where The Owner Is Considering Taking Out One Tanning Bed And Adding Another Airbrush Station - Already Has The Equipment. Salon Uses Helios Pos System And T-Max Tanning Bed Timer Controls. 2008 Tanning Revenues Are About 9% Compared To 2007 Due To The Economy. Sales Of Lotions And Other Retail Items Were Slightly Less Than 2007 Until Manager Hired And Trained New Employees In September & October, Which Resulted In Bringing Lotion And Tanning Accessory Product Sales Up To Par With Same Time 2007. This Is A Great First-Time Buyer Business - Well-Established Business, Experienced Manager, Good Equipment, Great Location. This Type Of Business Does Well With Multi-Unit Ownership For Economies Of Scale In Advertising, Purchasing And Bookkeeping/Accounting. If You Have Another Business Or A Full-Time Job, This Could Be A Great Opportunity To Acquire The First Of Many Units And Build And Income That Will Free You From Your Job! Please Call For Details And Tour Of The Business. For More Info Call: (Please Mention You Saw This Ad On BizQuest): Shirley Lampkin, Agent at 408-385-0399 or 408-594-2368
About the Business
Year Established:1997
Employees:1 full time - 9 part time
About the Sale
Seller Financing:Down Payment: $80,000

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Business Listed By
Shirley Lampkin  |  Business Team
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