2 Locations!!!!! Absentee-Run Tanning Salons in Glendale and El Mirage

Glendale, AZ (Maricopa County)

Seller Financing Available
2 Locations!!!!! Absentee-Run Tanning Salons in Glendale and El Mirage
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Asking Price: Get Financing: $75,000

Cash Flow: $42,000

Gross Revenue: $385,000

EBITDA: N/A

FF&E: $115,000

Inventory: N/A

Established: N/A

2 Locations!!!!! Absentee-Run Tanning Salons in Glendale and El Mirage

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Business Description

This is a portfolio of tanning salon businesses you want to own and with the amount of assets and FF&E included in the price you cant go wrong if you are looking to maximize your range of the market share in the West Valley for Tanning Salons. These two well maintained tanning salon are turn-key and operating on their own with an 8-bed multi-room salon in North Glendale and a 10-bed large multi-room salon in El Mirage. Currently run absentee with multiple owners, this portfolio could essentially be ran by one owner and remove a manager or two and maximize the net profit to over $6500 a month. The profit can also grow with more marketing and an owner with sales experience to implement more product sales and promotions and relay to the staff. This is really "The Sky is the Limit"type of purchase, it just needs the right owner to take it there.

THE NUMBERS ADVERTISED ARE IF YOU CONTINUE TO RUN IT OWNER-ABSENTEE!!!!

Detailed Information

Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 Store-fronts in strip centers in a very busy area.
Competition:
None directly nearby each locations.
Growth & Expansion:
As mentioned before Sky is Limit, also run it yourself and increase net dramatically.
Financing:
Seller will carry with $85,000 down
Support & Training:
2 Weeks after Sale
Reason for Selling:
Partnership
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(from currently available funds)
 
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Mike Darmo

Business Listed By:
Mike Darmo

American Realty Brokers

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