Franchise Tanning Salon - Prime Location
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $200000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 4 - 5
Inventory $175,000 equipment & $1,500 inventory.
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will provide a complete review period.
Reason for Sale Retirement from industry.
Description A Hollywood Tans Franchise business for sale, located in a Highway Mall and commercial area of Morris County, New Jersey. This is an excellent national franchise that offers multiple salon services for its customers. There are over 300 Hollywood Tans salons nationwide, making this the largest chain of professional salons. This particular facility is very clean and modern with all equipment in an excellent working condition. The present owner is absentee and cannot dedicate the necessary time into the businesses. The seller has priced the business very attractively and will offer financing with a minimal down payment. A must see location! Facility is ultra modern and consists of 2,500 square feet in a large modern mall with ample mall parking available. An existing five year lease with additional options is available for transfer.
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