$Seller Financing Available
| Asking Price |
$125,000 | Inventory |
$1,500** |
|---|---|---|---|
| Gross Income |
$85,000 | Real Estate |
|
| Cash Flow |
$30,000 | Year Established | 1991 |
| FF&E |
$40,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
Established in 1991, this fun and profitable business is located in a vibrant and thriving shopping center in the greater Indy metro area, and within a $75k a year income demographic . Visible by as many as 50,000 cars a day, and with 1600 sq ft of space, the store has 11 spacious, quality-built and decorated (permanent) tanning rooms. Also available are a quality reception and kiosk area, a very clean and bright store interior, and an attractive store front. A well-trained staff of 4 keeps this store running on its own.
Facilities: Facility is leased, retail, 1600sf at $2133 per month incl CAM, incl FFE, name, and non-compete.
Competition: Very competitive, face to face contact with customers is necessary in this industry. Absentee ownership is best when strong store manager is caring, outgoing, and knowledgeable. Customers are fickle and will go to any salon if service is not at least good.
Growth/Expansion: Industry slowly trending toward in-store hair care, nails, and massage. Boutique salons, like this one, are still profitable and have good market share. This one has room for two more rooms. Can also add Mystic tan, not offered here. Implement a lotion campaign to sell more lotions. Add EFT for members.
Seller Financing Available: Yes
Financing: Possible finance a portion.
Support/Training: Will train for at least 3 weeks, this business is very easy to learn. Can offer more time if absolutely necessary.
Reason Selling: Owned absentee, travels often--needs energetic owner

Sam Torres
317-255-2620
Allan Michael Group, Inc.
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