Tanning Salons For Sale

OH

Seller Financing Available
Tanning Salons For Sale

Asking Price:$900,000

Cash Flow:$256,300

Gross Revenue:$1,100,000

EBITDA:N/A

FF&E:$425,000

Inventory:$15,000

Established:2002

Tanning Salons For Sale

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Business Description

Retail Tanning Salons and sale of tanning sprays and lotions. There are five salons, all in nice suburban plaza locations with great foot traffic. The oldest location has been open for 12 years, with the other locations opening in 2005, 2008, 2012 and 2013. There is established management and clientele, with over 1,300 annual renewable contracts. These tanning salons generate revenue without direct involvement from the owner. Great opportunity!

Detailed Information

Inventory:
Included in asking price
Employees:
2 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All five locations are rented; all in great locations.
Growth & Expansion:
There is great growth potential from newer salons.
Financing:
$180K Down/$140K for 84 mos. @ 6%/Other Financing.
Support & Training:
Will train for 8 weeks @ no cost.
Reason for Selling:
Owner wishes to pursue other business interests.

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Joe Wojtowicz

Business Listed By:
Joe Wojtowicz

Murphy Business & Financial Corporation

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Sponsoring Broker:
Murphy Business

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