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Tanning Salons - Multiple Locations, Increasing revenue
| Asking Price: | $135,000 | Inventory: | $5,000 ** |
| Gross Revenue: | $231,000 | Real Estate: | n/a |
| Cash Flow: | $30,000 | FF&E: | $180,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Two locations in Fargo/Moorhead started in 2005 and has been operated by the original owner since new. Operating within busy strip mall locations and along major artery roads. A well established customer base has enabled them to grow revenues to over $231,000 per year with a great reputation for service. They are open Mon-Thurs. from 8AM-11PM and a little less on the weekends. The current owner runs the business absentee. They are very diligent about appearance and the locations and equipment shows very well. In addition to increased sales opportunities/efforts, the company also has great upside potential to improve revenue and profitability through adding additional services and improved operational performance. This fun and profitable business offers an attractive cash flow for a new owner and good upside potential. The Seller is more than happy to assist in a smooth transition of ownership. Have customers walking in the door on day one and own the business for less than the initial build out and equipment cost.
About the Business
Year Established:2005
Employees:1 full time - 8 part time
Facilities:Leased space - new buildout, nicely decorated
Market Outlook and Competition:No other tanning salons in the immediate area around the locations. 10-30% increase in sales year over year for the last 4 years.
About the Sale
Management Training and Support:Owner or manager will stay and train new buyers
Reason For Selling:Other business interests
Seller Financing:Seller may carry note for the right buyer.
KEYWORDS: tanning, salon, spa, retail, sun tan, cash flow, absentee
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State: North Dakota
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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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