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Tanning Center Exclusive to Santa Fe, New Mexico

Santa Fe, New Mexico (Santa Fe County)

Services - Beauty & Barber Shops | Services - Other Personal Services

Asking Price $220,000 Inventory $200* 
Gross Income $125,000 Real Estate  
Cash Flow $74,050 Year Established 2003
FF&E $150,000 +/-* Employees 1+

* included in the asking price

** not included in the asking price

SELLER WOULD CONSIDER REASONABLE DOWN PAYMENT AND SELLER FINANCING FOR QUALIFIED BUYER SAYS BRING OFFERS.An opportunity like this is rare and this business can be grown. Santa Fe's only comphensive Tanning facility for air brush and tanning Booth tanning. 9 revenue earning rooms plus a reception, all beautifully appointed. Room to put a nail and massage facility to provide to its existing large clientele. Potential to increase cash flow with existing facility with longer hours, and marketing and sales promotion. The owner keeps good records and will be able to prove Owner benefit of approximately $74,000 annually. Modern equippment and improvements are valued to approximately $150,000. This business is ideal for an owner operator or family operation. Seller may consider some seller financing for a qualified buyer. Contact Sellers agent at GMAC...David Gilmore Broker (Ass.) at 505 570 1893 (mobile) Office GMAC 505 946 3008

Facilities: The largest and only professional tanning facility in Santa Fe. Fully fitted out 9 rooms with 8 tanning beds and a stand up unit. (Total 9) There is a shower room and large reception area plus Unlimited parking on major route in down town area. Fastest growing part of town with opening of rail Plaza/Park and Rail Runner. Lease to be renegotated by Buyer. Equippement is top quality in impeccable condition with 0 maintenance issues

Competition: There is almost no competition in Downtown Santa Fe, almost the only service in town and due to its prime location sales are only restricted to lack of marketing. Lease will allow for expansion for Nail and massage Beauty services.

Growth/Expansion: As the only fully functioning Tanning service in town growth is possible with advertising and marketing which is now minimal and word of mouth at the present time. Premises have space to accomodate other beauty services. Facilty occupies 1832 Sq feet of prime space. Buyer can expand with nails and massage (allowed in lease agreement)

Financing: cASH OUT PREFERRED SELLER MIGHT CONSIDER SELLERS NOTE

Support/Training: Little training required however seller will stay on for 14 days of training at no cost to buyer.

Reason Selling: Moving out of State for Family reasons

AD # 398139

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