Well Established Airbrush Tanning Studio for Sale

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Asking Price:
$310,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$142,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Strong airbrush tanning business for sale in Arlington, Virginia. The business is well
known with a large and mature customer base, steady revenues year over year and
strong owner profit margins. This business would be perfect for a new owner that wants
to work the business or open another location. Owner seeks to transition to a new and
motivated buyer. Contact Roy Liu @ Sunbelt of Northern Virginia at 703 606 2232 for
more information.

About the Business

Year Established:
2007
Number of Employees:
2 + 2
Real Estate:
Leased
Building Sq. Ft.:
1,462
Rent:
$6,162.50 Per Month
Lease Expiration:
12/31/2024
Facilities:
The business is in Arlington, VA on the ground floor of a Condominium built in 2007. The business signed a 10-year commercial lease on the property which runs through December 31 st , 2024.
Market Outlook/
Competition:
There are a limited number of niche players in the market. However this company is the leading provider of sunless services in the DC area. There is no match in quality, scale or expertise anywhere else in the market. This business has tenure and has been growing strongly over the last 11 years. Large customer base and membership programs also push growth.
Growth & Expansion:
The business continues to grow on an annual basis, however expanding the business to satellite locations in various gyms or other salons, starting a mobile unit to serve clients in their homes, and/or opening a second studio location in a strategic area would further increase growth and long-term potential.
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About the Sale

Reason For Selling:
Relocation for family reasons
Training/Support:
The owner and tenured employees are very knowledgeable in the business and will
provide training and transition to ensure the new buyer has all the tools to be successful.
Seller Financing:
Buyer must qualify

Listing Info

ID:
1601687
Ad Detail Views:
0

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Business Listed by

Roy Liu, CMSBB, MBA

Sunbelt Business Brokers of NOVA
License# a27070

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Sponsoring Broker:

Gregory S. Ellwood, CBI CVB
Sunbelt Business Brokers of NOVA

U.S. Census Data for Arlington County, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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

U.S. Community Survey Data for Arlington County, VA
Income

Education

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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