Profitable Tanning Salon-Absentee Run- Great Location!

Brooklyn, NY (Kings County)

Seller Financing Available
Profitable Tanning Salon-Absentee Run- Great Location!
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Asking Price: $80,000

Cash Flow: $65,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $50,000

Inventory: $2,000

Established: 2002

Profitable Tanning Salon-Absentee Run- Great Location!

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Business Description

If you are an entrepreneur looking for an absentee run business, this is the opportunity for you! This profitable business has added growth opportunities for either an owner operator, or a marketing person with social media skills’

This salon takes pride in providing their clients with a clean, well maintained facility, coupled with the very best in customer service. The business had a gross income of $ 302,000 and a yearly net income of $55,000 for an absentee owner operator ($65,000 for an active owner operator) last year.

The Spa's clients enjoy a relaxing unique experience in a thoroughly clean, sanitized facility, every visit to the salon. The salon takes pride in providing quality service and the best tanning experience possible. They have well maintained equipment, contemporary skills and unparalleled customer service. They offer top of the line beds at all levels, as well as experienced technicians to apply airbrush tanning.

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Detailed Information

Inventory:
Included in asking price
Employees:
6 Part Time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Spa operates in an approximately 1,800, street level store and is located in a middle income neighborhood in Brooklyn, NY. The store is located on a busily trafficked street, with a lot of foot traffic, being situated approximately midway between two train stations which attract many potential customers and good visibility. The store has a variety of equipment, offering vertical sun tanning booths, beds, complete body and face spray tanning facilities. Additionally, the salon carries a complete line of beauty products for customer service.
Competition:
Another tanning salon is located in the neighborhood, but the owners feel that local clients prefer their Spa due to their well trained staff.
Growth & Expansion:
Spa presently run absentee and will benefit from a more "hands on" owner. Business could also be expanded by adding more services such as manicures or pedicures to the tanning salon. Customers pressed for time may opt to have their tanning, manicures and pedicures done at the same place than to make two separate stops.
Financing:
Seller will consider financing to qualified buyer.
Support & Training:
Seller will provide reasonable transition period.
Reason for Selling:
Seller has other business interests.
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(from currently available funds)
 
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Angelo A. Ferrara

Business Listed By:
Angelo Ferrara

Rapt Enterprises Inc.

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