Tanning Salon - 20+ Years Established

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Asking Price:
$425,000

Gross Revenue:
$427,740
Cash Flow:
$168,539
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,445
included in asking price

FF&E:
$168,525
included in asking price

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Business Description

Great opportunity for a hands-on or absentee owner. Established for 20+ years. Sales continue to grow +29% 2015, +49% 2016, +16% 2017. Membership revenue produces a steady and predictable stream of residual income.

About the Business

Year Established:
1996
Number of Employees:
1 FT/5 PT
Relocatable:
Yes
Real Estate:
Leased
Facilities:
Great Location! This shopping center has destination anchor tenants creating a steady flow of foot traffic. The facility is spacious, clean, up to date and surrounded by smaller neighboring tenants who drive a common targeted demographic. Highway access brings customers from an extended radius.
Market Outlook/
Competition:
This operation separates itself from the competition by offering a wide selection of services and options. A well-trained staff assesses new customer and makes a recommendation. Employees cultivate customer relationships over time and are incentivized to offer upgrades and additional services.
Growth & Expansion:
Prime floor space currently underutilized gives a new owner potential to expand or offer additional services.
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About the Sale

Reason For Selling:
Other business interests.
Training/Support:
Will train for 4 weeks @ $0 cost.
The business concept is simple. The key to continued growth is a focus on customer service and attention to a clean and well-maintained facility.

Listing Info

ID:
1467798
Ad Detail Views:
557

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Business Listed by

Chris Kerth

Murphy Business & Financial Corporation

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U.S. Census Data for Jackson County, MO
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Jackson County, MO
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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