Tanning salon & Spray tanning, full service, profitable, absentee run
Tanning salon & Spray tanning, full service, profitable, absentee run
Price: $78,000
Listing ID: 1669607
This Tanning salon & spa is located in a plaza by a LA Fitness center & across from a Starbucks. There is a large Kroger under construction across the street along with high end town houses being built at the same location. This Tanning salon for sale is well established & has built up a good customer base with addresses, phone numbers, cell numbers, email addresses & whole lot more info about each customer. This is a gold mine waiting to be explored via email campaign, text message VIP club membership, etc. This is a cash cow with no franchise fees & no restrictions for the buyer to make changes & to add-on other profit centers like Microderm Station, Facial & waxing services, Hair stylist & more. There is a room set up for a hair station already.
This salon for sale is fully staffed with experienced & knowledgeable employees. The current owner is an absentee owner who is retiring. His daughter works there part time. She lives in Cumming & has young kids & just got a full time corporate job near her house. The landlord is willing to give the new owner a long term lease. Everything including fixtures, furniture & equipment are all free & clear. There is no debt on any equipment or any asset. This is priced for a quick sale. Act now. Just complete the attached CA form, email or text it to Nick, then call Nick on his cell phone at 404-405-4069 to get the address & all the info you need to close the deal.
Gross Revenue: $138,417
Cash flow: $41,590
EBITDA: N/A
FFE Included: Included in asking price
FFE: $50,000
Reason For Sale:
Retiring.
Training & Support:
Two weeks of training is included at no additional cost.
Year Established: 2004
Employees: 3
Monthly Rent: $3,537 /Month
Square Footage: 2,100
Facilities Information:
With 15 rooms available, you can offer many other personal services. Currently, they offer: Three levels of sun beds with 7 lay down tanning beds & 1 stand up booth, Norvel sunless booth for spray tanning & also provide custom air brush, body wrap service, teeth whitening, CBD oil & personal care lotions & other products.
Competition:
There is no competitor within 7 miles or more. Being next to LA Fitness & Kroger brings a lot of business.
Potential Growth:
New mixed use development across the street will be completed within a year & will draw a lot more business within walking distance.
Financing/Terms:
Seller financing may be available to a qualified buyer with $50K down payment.