Get This Salon Before Busy Season - MOTIVATED SELLER!

Livonia, MI (Wayne County)

Get This Salon Before Busy Season - MOTIVATED SELLER!

Asking Price:$39,000

Cash Flow:N/A

Gross Revenue:$120,000

EBITDA:N/A

FF&E:N/A

Inventory:$1,500

Rate/Sq. Ft.:$2,300.00

Established:2003

Get This Salon Before Busy Season - MOTIVATED SELLER!

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Business Description

#2 Tanning Salon in Metro Detroit For Sale

This is your chance to own a turnkey tanning salon that's completely computerized. Cameras in common areas and computer can be accessed by smart phone. Earlier this year we were voted by people in metro Detroit as the #2 salon just behind a 13 salon chain. We are in the center of 3 high schools with unlimited potential. Our biggest competitor recently closed so we also attract their clients. Salon sells packages, lotions, and has custom cases selling body jewelry.

Salon currently averages approximately 70-90 new customers a month and our spray tan machine is the best in the industry allowing us to quickly run through clients during busy times.

Owner selling due to upcoming surgery.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,400
Lease Expiration:
9/30/2016
Employees:
4
Facilities:
10 Rooms 3 Lay Down Level 1's 2 Stand up Level 2's 1 Lay Down Level 3 1 Versaspa Spray Tan Automated Booth 1 Lay Down Red Light Therapy 1 Office 1 Open for expansion
Competition:
1 salon 2 miles away with much higher prices. We get a lot of their business due to their prices
Growth & Expansion:
Due to recent salon closures in the area we have been consistently gaining their business.
Support & Training:
1 wk
Reason for Selling:
Health Reasons

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Business Listed By:
Jerry Ghannam

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