Tanning Spa & Storage

Graham County, AZ

Seller Financing Available
Sign from the main road
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Asking Price: $550,000

Cash Flow: $71,000

Gross Revenue: $90,000

EBITDA: $64,000

FF&E: $150,000

Inventory: $8,000*

Real Estate: $4,500,000*

Established: 1987

*not included in asking price.

Tanning Spa & Storage

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Business Description

Great location. Successful Tanning & Storage

Get out of the rat race and enjoy country living in this rare gem! Owner is looking to retire after 30 years. Well established local favorite. Extremely loyal large customer base. Indoor tanning and storage. Fun friendly people. Storage units always 90% capacity. Full studio apartment on property. Tanning equipment maintained well and in excellent running condition. Storage units are low maintenance also in good condition.

Detailed Information

Location:
Graham County, AZ
Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,000
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
12 high end tanning and redlight beds, airbrush room, piercings & permanent cosmetics room, and body wrap room. Over 3,000 square feet. 14 10x20 storage units, 35 10x10 units, most on auto pay.
Competition:
No competition in the area. The largest tanning salon in a 120 mile area
Growth & Expansion:
Studio apt can be turned into a beauty shop with a potential of another $3-5k income
Financing:
Will finance with a 40% down
Support & Training:
Support training six weeks additional training available for a consultant fee.Comprehensive salon management software in place to manage all aspects of both tanning and storage business.
Reason for Selling:
Ready to retire
Business Website:
http://www.handforhealth.com
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Business Listed By:
Val Michaud

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