Established Tanning salon with long term customers

Broward County, FL

Established Tanning salon with long term customers

Asking Price:$300,000

Cash Flow:$100,000

Gross Revenue:$350,000

EBITDA:N/A

FF&E:$100,000

Inventory:$1,000

Lease Rate/Sq. Ft.:N/A

Established:2008

Established Tanning salon with long term customers

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Business Description

Tanning Salon in prime location

Amazing location in a retail shopping center with free parking
Upscale clientele, easy to manager! long time customers with monthly memberships.
Good advertising on social medias.
Absentee or semi absentee owner with highly trained and motivated team in place. Modern Equipment -newest technology.
Very little maintenance for the equipment.
No particular skills required to manage this business.
Potential buyer needs to get pre-qualified with good financials for the landlord.
Qualifies for visas.
Proof of funds and biograpphy will be requested to the prospects.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
7/31/2017
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Conveniently located in a shopping center with private parking. beautiful store with 8 treatment rooms equipped with the newest technology.
Competition:
Upscale established clientele -all ages - long time memberships. No competition around for same type of salon
Growth & Expansion:
Good equipment with high pressure beds, super bronzing beds, stand-ups, versa spa spray, Revolution Spray booth, video surveillance. The store is opened everyday from 8am to 11pm. Extra room can be sub-rented to massage therapists or used for tatoo removal or hair removal. The business has a good database of active clients.
Support & Training:
Experienced Owner will assist and train new buyer as much as necessary. Good team in place so the business can be absentee or semi-absentee owner. Training for new employees, Social media and advertising campaigns are supported by the franchisor.
Reason for Selling:
Other interests.

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Raquel Afriat

Business Listed By:
Raquel Afriat

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