NEW TANNING SALON W/ NO COMPETITION
Location: South Carolina > Horry County > Myrtle Beach
Industry: Hair and Beauty > Beauty Salons and Barber Shops
Financials
Asking Price: $96,000
Gross Revenue: $7,000
Gross Revenue Comments: per month and growing
Cash Flow: $3,000
Cash Flow Comments: month for owner/ operatorper
FF&E: $50,000 (Included in Asking Price)
Business Summary
The seller of this salon was supposed to go into business with her mother, who put up the opening capital. After a disagreement, the mother has pulled out and the daughter does not want to spend the time to run it by herself. Her husband has a very successful business and wants her to help him. Therefore they are looking to sell for the amount they have invested. There is a $27,000 equipment lease/ purchase that a buyer could assume at about $800/ month. Here is a great opportunity to get a fully equipped salon with a low $1400 per month and a growing customer base. This can easily be run by one person and provide a nice standard of living.
About the Business
Year Established: 2008
Facilities: 1400 s.f. new salon in strip center. rent only $1400/ month
Market Outlook and Competition: In new area w/ several sub divisions. No other businesses in the area.
About the Sale
Management Training and Support: 2 weeks
Reason For Selling: Family dispute/ other business
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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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