Preeminent Tanning Salon Chain
Location Mississippi,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1195034
Net Profit / Cash Flow $430000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 20 - 34
Inventory 1006574
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Training A training + transition period can be negotiated
Reason for Sale Other business opportunities
Description This business offers the savvy entrepreneur, a unique opportunity to enter one of the fastest growing personal services businesses in the country. The company has positioned itself as the premier tanning salon operator in this market, with multiple locations and continuous upgrades to its existing top of the line equipment.
The company has an impeccable reputation for its customer service. The owner is committed to the continuing development of additional salons in other major cities to grow the business and dominate the market. It is locally owned and operated and prides itself on offering state-of-the-art equipment in a comfortable, clean, and secure environment. In addition to the quality and variety of tanning beds offered, the business also offers a complete line of lotions and accessories. Flexible and affordable membership plans are offered in varied price ranges. Since opening four years ago, the number of loyal and happy customers continues to grow, as the annual sales figures will indicate.
The owner is willing to stay on in a management or consulting position and insists on doing whatever is necessary to ensure that the right buyer is successful. The business has excellent and consistent on-going cash flow and some owner financing is possible to a qualified buyer.
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