Desirable Tanning Salon Business For Sale
Location Ontario,Canada
Asking Price Range < $250K
Gross Revenues $290000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training as negotiated
Reason for Sale Retirement
Description Profitable Smart Tan certified franchised Tanning Salon business for sale in the K/W, Cambridge, Guelph area of Ontario. The company provides Smart-tan Certified Ultraviolet service as well as spray tanning services. The recently refreshed facility is in an ideal, well established location. High quality tanning and suncare products are also available to patrons which complement/enhance the main service.
Consider the 14 year success story of this Tanning Salon Business for Sale in Southwestern Ontario - substantial gross margins have bred steady profits for the ready-for-retirement couple. An increase in revenues is also expected.
By its very nature, an indoor tanning company that provides outstanding service and customer focus in the right location MAKES MONEY.
As a new owner you will benefit from a proven franchised business model and support systems, favourable lease, and staffing by knowledgeable, Certified Tanning Advisors. Leaseholds and equipment have recently been replaced or refurbished. There is an added bonus - a modern spray booth was added in 2012.
- Established business with 14 years experience.
- Excellent reputation within the local community
- The business enjoys Premier Salon status from its key supplier
- Derives customer base from within ~5 km, at most, from the Salon location
- During the summer of 2013 one of its local competitors closed. This is anticipated (but not yet verifiable) to add ~15% to the revenues of the Tanning Salon Business for Sale in the K/W, Cambridge, Guelph area of Ontario
- Excellent relationship with Franchisor, who is both aware of and supportive of this transition to new owners
- Excellent lease terms and conditions are in place
- In-house Smart Tanr training programs are in place to ensure both compliance to regulation and consistent customer satisfaction outcomes
Respond to this listing to explore your ownership of this terrific opportunity with Erik or Ray.
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