Profitable & Growing Tanning Salon for Sale!

Jenison, MI (Ottawa County)

Seller Financing Available
Profitable & Growing Tanning Salon for Sale!
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Asking Price: $350,000

Cash Flow: $125,000

Gross Revenue: $325,000

EBITDA: N/A

FF&E: $95,000

Inventory: $5,000*

Rent: $4,500 /Month

Established: 2006

*not included in asking price.

Profitable & Growing Tanning Salon for Sale!

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Business Description

Profitable & Growing Tanning Salon for Sale!

Turn-key, fully-equipped and nicely profitable tanning business with increasing sales and market share for sale!

Close to a large university, and with several smaller competitors leaving the market over the last few years, a legitimate opportunity for growth awaits. An owner-operator should conservatively be able to attain $125,000 in earnings annually, a stellar 38-40% of gross revenues!

Significant time has been spent fine-tuning and simplifying the operations, storefront, marketing, and customer service at this location over the last few years. While this business most likely requires an owner-operator to achieve its highest possible potential, it is primed for further success with a specific focus on continuing high-class customer service and reaching additional customers. The business even comes with a simple, non-escalating lease with a reputable and responsive landlord!

The current owners have also built a solid, simple, and effective foundation of marketing over the last few years which has led to an increase in sales. Marketing takes time to see results, and a new owner can reap the benefit of the marketing currently in place!

Walk into this fully functional business for sale and forget the headaches, time constraints and money to build a store from scratch. There’s no need to endeavor on your own when you have a mega-brand providing training in a nearby market along with support, marketing, and more. You get the power and prestige of a powerhouse brand that has been in this business for over 39 years!

The current owners have enjoyed having this salon; they are selling in order to focus more time, energy, and excellence on other business interests closer to their home.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!

Detailed Information

Location:
Jenison, MI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully-equipped 2,800 sq. ft. facility.
Competition:
(1) Turn-key Opportunity: The business is well-positioned for a smooth transition of ownership (over 100 current Club members). (2) Financial Trend: Revenues and earnings are both on a steady upward trend. (3) Fixed Rental Expense: 8 years left on a 10-year non-escalating lease with a 5-year renewal clause. (4) Weak Competition: There is only one major competitor left in the market. The Company’s salon is better equipped and more luxurious. (5) Great Ratings and Reviews: The Company is highly rated very positively online leading to more customer visits. Aggregate Google Rating is nearly impossible-to-achieve 4.8 stars!
Growth & Expansion:
(1) Enhanced Marketing Strategy: The Company builds business from referrals, drivebys, and Google searches. Setting up a marketing strategy that effectively reached more people - Google Ads, social media advertising, and mailers - would likely be highly effective in building the business. (2) Acquiring Market Share from Competition: Most customers who come from the Company’s competition wish they would’ve switched over sooner.
Financing:
Limited seller financing is available for qualified buyers.
Support & Training:
The Sellers will be available, along with the current manager, to provide up to 3 months of detailed training, as desired, along with corporate brand training.
Reason for Selling:
Other business interests.
Franchise:
This business is an established franchise
Business Website:
http://bit.ly/2GH1tY8
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Matthew Baas

Business Listed By:
Small Business Deal Advisors

Small Business Deal Advisors, LLC

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