Asking Price: $150,000 Gross Revenue: $80,000Cash Flow: $60,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 included in asking priceFF&E: $150,000 included in asking priceReal Estate: Not Disclosed Share 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.
This is a very busy tanning salon business located in Crawford County Arkansas providing the best tanning beds and wraps in the area. It includes a fully equipped gym, with exercise and weight equipment that is open 24 hours. The tanning salon has plenty of beds and memberships allow monthly access to either/or the tanning and gym. Additional revenues are brought in through vending of tanning products and soft drinks. Owner will also sell with real estate included for $250,000.
About the Business
Number of Employees:
There has been a tanning salon for a number of years at this location and the owner purchased the business and renamed it in 2012. It has grown since that time in leaps and bounds and has provided a very profitable business.
Tanning salons are available at many locations, but there continues to be a strong increasing demand in the use of these facilities, and this one located in has become the premier venue in the city where it is located..
Growth & Expansion:
Growth has been phenomenal since startup and continues to do so even at a 20% clip. The building is limited in space, but additional customers can still be accommodated – a primary concern has been parking, which has been alleviated by a nearby property now owned by the seller.
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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
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