Asking Price: $139,900 Gross Revenue: $174,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $7,000 not included in asking priceFF&E: $77,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Building Sq. Ft.:
$6,302.00 Per Month
The tanning salon has an exclusion that no other business can have tanning beds in the retail center
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 & Conditions.