Established Profitable Tanning Salon with Absentee Owner

Hartford County, CT

Seller Financing Available
Award Winning Tanning Salon

Asking Price:$74,999

Cash Flow:$55,000

Gross Revenue:$159,000

EBITDA:$55,000

FF&E:$111,400

Inventory:$2,480*

Lease Rate/Sq. Ft.:N/A

Established:2008

*not included in asking price.

Established Profitable Tanning Salon with Absentee Owner

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Business Description

Cash producing tanning salon located in a busy shopping plaza off route 84 in central CT. It has tons of parking and is less than a mile from the freeway exit. Salon has over 9000 customers in its database with 300-500 on tanning plans at any given time. The salon comes with modern equipment in excellent condition consisting of 13 standup beds, spray room and massage room. The salon offers additional services including massage, waxing, facials and makeup. This is a turn-key operation with trained employees in place that will stay on with new owner. This is an excellent opportunity for someone interested in the beauty field or someone just getting started in the industry.

The facility is very well maintained and the equipment is modern and shows like new. The salon uses the powerful helios software and hardware to minimize the manual workload on owner and staff. Helios by automates repetitive tasks and keeps track of what’s going on even when you’re not there. This salon is setup for ease of management with security system with surveillance that allows you to monitor the salon on a computer or any mobile device like your smart phone.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
8/9/2018
Employees:
4 Part Time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
50%

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Marv White

Business Listed By:
Marv White

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