Profitable Tanning Salon
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $220000
Net Profit / Cash Flow $80000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2009
Number of Employees 1 - 3
Inventory 175000 Equipment & 1200 Inventory
Number of Employees 1 - 3
Real Estate Leased
Training The owner will remain post-closing for 30 days and supply a transitional period.
Reason for Sale Retiring from the industry after many successful years.
Profitable modern tanning salon located in Hunterdon County, New Jersey which offers a full range of tanning experiences, professional services including teeth whitening, and anti-aging red light therapy services. The business has a gross income of $220,000 and a consistent net yearly income. This particular business has one part time employee who is unaware of the pending sale and fully expected to remain post-closing, monthly payroll $475. The business has an assignable commercial lease which expires 2024-01-01 plus additional options, with a total monthly rent of $5,180 and rent security $6,000. The business facility which consists of 2,000 square feet has a capacity for approximately thirty customers. The sale includes a fully equipped retail tanning salon business including, various up to date modern tanning beds, sprayers, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation. The facility has appropriate mall private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 10:00 am to 7:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required license approval from the city. The sale will include a fully equipped tanning salon with state of the art ultra-modern equipment. They also offer personalized air brush uv-free tanning and our new state of the art air brushing booth for those who would like to experience privacy. Their service is professional and the tanning beds offered are for beginners, accelerated, and advanced tanners. The company also offers their newest state of the art High Pressure Tanning Booth that supplies 360 degree tanning and their service and dedication to clients are unsurpassed. This is a dependable business opportunity which does not require substantial training, however marketing experience is always helpful.
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