Profitable Tanning Salon

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Asking Price:
$139,900

Gross Revenue:
$174,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$7,000
not included in asking price

FF&E:
$77,000
included in asking price

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Business Description

Hollywood Tans is conveniently located in Birmingham, Alabama on Overton Road off I-459. This tanning salon is surrounded by single family neighborhoods and is centrally located near several high schools with Mountain Brook High School being across the highway. In the shopping center, Hollywood Tans is located between Anytime Fitness Gym & an established hair Salon. Also, in the center are two local & very popular full-service restaurants. Hollywood Tans has really good visibility from Overton Road. This tanning salon is well established and equipped with 16 UV tanning units, 1 Sunless Spray booth and 1 Custom Spray Tan arena. The owner has meticulously maintained all equipment, tracked the tanning bulb life for all tanning units and has replaced the bulbs as needed. The positive cash flow is $21,468 after owner add backs. This Hollywood Tans salon offers a turn key business with a lot of opportunity for someone wishing to walk into an established tanning salon.

About the Business

Location:
Overton, Alabama
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,800
Rent:
$6,302.00 Per Month
Facilities:
The tanning salon has an exclusion that no other business can have tanning beds in the retail center
Market Outlook/
Competition:
Closest competition is 5 to 7 miles away
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About the Sale

Reason For Selling:
retirement
Training/Support:
Current owner will assist in training.

Listing Info

ID:
1553852
Ad Detail Views:
200

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$
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Business Listed by
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Sponsoring Broker:

John Allen Dees
sbdees


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