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Businesses For Sale   >>   Saskatchewan Businesses For Sale

Profitable Tanning Salon For Sale

Location  Saskatchewan,Canada
Asking Price Range  < $250K
Gross Revenues  $155000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  6 - 9
Inventory  $182,000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Will train buyer for as long as necessary.
Reason for Sale  Buying a larger business.

Description  
Successful tanning salon in operation since 2000. The salon has an excellent location with approximately 23,000 cars driving by daily on Albert St. with easy access (less than 500 meters) from Ring Road. Salon's size is approximately 2,000 square feet with 8 rooms total, two washrooms, full laundry area, large reception area with leather couches and 4 large shelving display areas. Upgraded XM satellite stereo system, each room has premium speakers w/baffles and separate volume controls so tanning customers can control the volume for each room. Salon features 1 German high power bed, 1 stand-up tanning booth, 3 regular tanning beds, and a mystic spray tanning booth. Current sub renters are 1 massage therapist (5 yrs) and 1 Reflexoligist (11 yrs). Current sub renters pay approx $17,000 per year in revenue to the salon. Very good lease in place. The salon also has one turn-key room available for future expansion or another sub renter. Owner will stay on to train if needed. Excellent 2010 financials. Financial statements are available upon signing a confidentiality agreement. Appraised value: $182,000 Asking price: $135,000 Email or call Martin Blonski at 527-0500 for more information on this tanning salon for sale.


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