Tanning Salon
Location: Florida > Duval County > Jacksonville
Industry: Health and Medical > Health Clubs and Spas
Financials
Asking Price: $399,000
Gross Revenue: $270,000
Cash Flow: $98,000
Inventory: (Included in Asking Price)
FF&E: (Included in Asking Price)
Real Estate: (Not Included in Asking Price)
Business Summary
This is an excellent franchise opportunity to become a part of the expanding world of indoor tanning and personal spa service. The present owners have started the business & established a solid customer base. Much of the revenue stream is generated through members direct draft payment. The franchise transfer fee is included in the asking price. The location is in an upscale section of the city in a new shopping center with several large anchor stores. There is excellent traffic available.
About the Business
Year Established: 2004
Employees: 2 full time - 2 part time
Franchise: Yes
Facilities: Building Size: 1403 sq ft / Parking: Shopping Center / Base Monthly Rent: $2752 / Security on Lease: $2572 / Lease: 1 year with 5 year option.
Market Outlook and Competition: There is competition in the area, but none have as excellent location asthis salon.
This is an industry that is growing and coupled with the growth of the young professional working population of jacksonville, there is a bright future ahead for this business.
About the Sale
Management Training and Support: Seller will provide local support & training. The franchisor must approve the purchaser and the buyer must complete corporate training.
Reason For Selling: There are 2 couples who own the business. One of the couples has young children who have arrived subsequent to the starting of the business. They have decided to sell the business to accommodate their family situation. The other couple does not wish to continue with the business without their original partners.
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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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