Seller Financing Available

Asking Price:

$199,000

Gross Income:

$170,000

Cash Flow:

$60,000

EBITDA:

$75,000

FF&E:

$71,000.00 *

Inventory:

$2,000.00 *

Real Estate:

Lease **

Year Established:

2002

Employees:

5

Business Types:

Beauty Salons, Barber Shops
Health, Medical & Dental

** not included in the asking price

* included in the asking price

Business Description

Great opportunity for semi-absentee ownership. Established clients and very positive reputation. Best and busiest location in Henry County. Easy to own and operate. The location has a mix of businesses, commercial office space, strip malls, homes and apartments all around it. Plenty of convenient parking, well-trained and friendly staff, and all equipment (Electrical, Air-conditioning, and tanning beds) was recently overhauled and is in like-new condition. Located in prime location with great visibility in Super Target shopping center.
Services offered include UV tanning, airbrush tanning, and Red Light Therapy
All tanning equipment is custom made by ETS with an original purchase price of $62,800
Retail products include lotions, and tanning accessories
Database of over 7000 previous and/or active clients in Helios POS system
Established and proven advertising look and feel (Print, internet, mailers, guest passes)
Build out cost was over $100K (Upgraded electrical, upgraded A/C and ventilation, custom built front desk and displays)

Detailed Information

Facilities:

The tanning salon is 1200 square feet. The front waiting room has a large front desk, retail display area, and comfortable seating for 6 customers. The salon contains one 32 lamp lay-down red light therapy room, two 32 lamp lay-down UV beds, two 42 lamp lay-down UV beds, one 52 lamp lay-down UV beds, two 48 lamp stand-up UV units, one ventilated air-brush spray-tan room, and a storage/equipment room.

Competition:

One of the only tanning salons in the area, with a very strong customer base and growing all the time.

Growth/Expansion:

Located in prime location with great visibility in Super Target shopping center.

Financing:

Seller financing is available.

Support/Training:

Support and training will be up to 30 days if needed.

Reason Selling:

Owners moving out of the area.