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Businesses For Sale   >>   Hair and Beauty Businesses For Sale

Tanning Salon Nets $96k

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $233511
Net Profit / Cash Flow  $96003
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1995
Number of Employees  1 - 3
Inventory  225000 Equipment & 1000 Inventory
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The owner will remain post closing and supply an appropriate transitional period.
Reason for Sale  Owner is retiring after many years of success.

Description  
Excellent business opportunity for this highly profitable ultra-modern tanning salon located in an active commercial convenient area of Middlesex County, New Jersey. This 3,000 square foot salon business has a gross yearly income of $233,000 and a net yearly income of $96,000. This beautiful salon represents a highly successful business with many years of continued income. They offer excellent service which includes the high quality products that they provide, but also the help from a trained and certified tanning advisor to aid you in maximizing your tan with the proper usage of each product. They are committed to providing you with the best possible results, through a wide variety of advanced tanning options. Their beds are equipped with the freshest lamps to maximize your instant tanning experience. They are considered the leader in North Jersey Tanning with over 10 years in business. The business is locally owned and operated and they offer the best possible tanning experience available in the industry. They provide you the best quality, deep bronze tan in the cleanest environment, for the lowest prices. The sale includes, numerous high quality tanning beds, displays, shelving, POS system, tables, chairs, computers, software for this industry, accounting software, two 15 ton AC units, TV's, training equipment including all the necessary equipment to maintain the day to day operation. This particular business has three employees who are unaware of the pending sale and fully expected to remain post closing, monthly payroll $1,950. The business has an assignable commercial lease which expires 2024-01-01 plus additional options, with a monthly rent of $4,100 and rent security $4,100. The facility has substantial 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 11; 00 pm. The sale includes a certificate of occupancy from the particular municipality to operator.


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