Modern Tanning Salon
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $104000
Net Profit / Cash Flow $20000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2009
Number of Employees 1 - 3
Inventory 45000 Equipment & 1000 Inventory
Number of Employees 1 - 3
Real Estate Leased
Training The owner will remain post-closing for two weeks and supply a transitional period.
Reason for Sale Relocated out of the area.
Wonderful opportunity to own this ultra-modern tanning salon, fully equipped with state of the art equipment. The value of the equipment represents the selling price. They provide tanning with a V.I.P. experience that will enhance your mood and mind for your weekend or special night out. They are dedicated to providing you with excellence and quality with every experience. Their friendly and knowledgeable staff will help you meet your tanning needs with individual attention and customized treatment and they strive to go above your expectations. They are open every day of the week and no appointment is needed (with the exception of airbrush tanning). Their salon is spotless, you are guaranteed quality service and their tanning beds are very powerful comfortable, and affordable. This particular business has one employee who is unaware of the pending sale and fully expected to remain post-closing, monthly payroll $750. The business has an assignable commercial lease which expires 2024-01-01 plus additional options, with a monthly rent of $2,890 and rent security $2,890. The business is located in a mid-size modern commercial mall which consists of 1,200 square feet has a capacity for approximately twenty five customers. The sale includes a fully equipped commercial retail store, with numerous modern state of the art tanning beds with a substantial value which equals the selling price. The sale also includes an excellent web site, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active seven days per week, with hours from 2:00 pm to 7:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business.
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