Absentee Ran Tanning Salon Portfolio
Business Description
HS Listing ID-68064
2 Well-established Full Service Tanning Salons in NYC. One location is on the Upper East Side neighborhood of Manhattan and the other is in the Queens area. Both Surrounded by many major anchor tenants: Equinox, SoulCycle, Orange Theory, Pop-up Bagels, Dave’s Hot Chicken, Chase Bank and more leading to great foot traffic. With little to no marketing, this semi absentee ran business is perfect for a new operator to come and grow existing operations.
Overview:
Revenue (2024): $900,472 Combined
Cash Flow (SDE): $173,722 (19% Margin) Combined
Business Highlights:
Absentee Ran
Established for over 10 years
Machines are well kept
Bulbs changed recently
Strong leases in place
Employees willing to stay
$1200 month in additional income from licensing at a 3rd location (not included in sale)
Rent & Lease:
Queens
Rent: $7,089.66
Term: 9 years left on lease
NYC (UES)
Rent: $12,563.63
Term: 2.5 years left
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
2 Well-established Full Service Tanning Salons in NYC. One location is on the Upper East Side neighborhood of Manhattan and the other is in the Queens area. Both Surrounded by many major anchor tenants: Equinox, SoulCycle, Orange Theory, Pop-up Bagels, Dave’s Hot Chicken, Chase Bank and more leading to great foot traffic. With little to no marketing, this semi absentee ran business is perfect for a new operator to come and grow existing operations.
Overview:
Revenue (2024): $900,472 Combined
Cash Flow (SDE): $173,722 (19% Margin) Combined
Business Highlights:
Absentee Ran
Established for over 10 years
Machines are well kept
Bulbs changed recently
Strong leases in place
Employees willing to stay
$1200 month in additional income from licensing at a 3rd location (not included in sale)
Rent & Lease:
Queens
Rent: $7,089.66
Term: 9 years left on lease
NYC (UES)
Rent: $12,563.63
Term: 2.5 years left
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $19,652.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2432625
- Listing Views
- 14
Listing ID: 2432625 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. See our full Terms of Use. Learn how to avoid scams.
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