High End Tanning Salon In Upscale Area
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $78000
Net Profit / Cash Flow $32000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 20000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 30 days or as long as needed.
Reason for Sale Too busy with other job / business.
Description Tanning salon needs owner operator as well as sustained marketing. Estmate doubling of revenues in 18-24 months. Most expenses are fixed. Utility expense would rise some with revenue increase via electric, etc. Rent is $2,575 and is currently month to month. Hours are 10 am-9 pm M-Th. with somewhat different on Friday and Sat. 7 beds with room to add 2-3. All new window signs. Great traffic drive-by. For owner operator, $78,000 in revenues = $32,000 cash flow. Only real maintenance is bulb replacement. Projecting revenies at $150,000 only, cash flow would be approx. $80,000. Just sold a salon on westside for 100% of revenues with cash flow of $90,000. Asking $63,000. A very good price and should not last! Contact for more information on this Tanning Salon for sale.
Click Here To Contact Seller
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