MergerPlace

Tanning Salon

New Jersey


  • Asking Price: $25,000
  • Gross Income: $182,000
  • Cash Flow: $57,000
  • Real Estate: Not Disclosed
  • Inventory: $1,200
  • FF&E: $85,000
  • Listing ID: #201152
  • Established: 2000
  • Employees: Three

Business Description

Gross Income: $182,000

Cash Flow: $57,000

EBITDA: $57,000

FF&E: $85,000

Inventory: $1,200

Real Estate: N/A

Established: 2000

Employees: Three

Business Description

Premiere tanning salon dedicated to providing their clients with the most relaxed environment and care that modern technology can provide, coupled with the very best in customer service. The business is located in a highly active commercial mall with numerous other businesses, on US 1 which consists of a high volume state highway. The Salon has a gross income of $182,000 and a yearly net income of $57,000 as the owner operator. Their clients enjoy thoroughly sanitized facilities along with an experience that is unique and every visit is an experience. This business requires three part time employees who are unaware of the pending sale and fully expected to remain post closing, monthly payroll $1,560. The sale includes a long term commercial lease with a gross monthly rent of $5,161 and a rent security of $4,500. The sale is due to owner injury and cannot continue to maintain the day to day operation. The sale includes eight (8) modern tanning beds, spray equipment, counters, displays, POS system and various equipment and curriculum, etc. The facility has private mall parking on site and part of the lease agreement. The salon prides themselves with quality service and the best tanning experience possible. They have the newest equipment, contemporary art and unparalleled customer service. They offer top of the line beds at all levels and the experienced technicians who applied airbrush tanning. They also carry a number of alternative skin and body care methods and lotions. Based on the asking price, required down payment and yearly net income, this business expect to supply a 45% investment return to the owner operator.
Detailed Information
Inventory: Included in asking priced furniture, Fixtures, & Equipment (FF&E):
Included in asking priced facilities: Located in a wonderful area of Middlesex County, New Jersey on an active state highway with and in a large commercial mall. The general area consists of various communities that continue to require this particular personal service. The facility consists of 1,450 square feet in a modern commercial mall with various other businesses that attract a large volume of shoppers and workers. The salon is modern and well maintained with an attractive image.

Competition: The business does not have any nearby competitors and the owner will supply a non-compete agreement to the purchaser.Growth & Expansion: With an improved marketing plan the business can be further developed with a greater income to the owner operator.
Financing: Seller financing available to qualified buyers.
Support & Training: The owner will remain after closing and supply an appropriate transitional period.
Reason for Selling:
Due to owner injury and cannot continue to maintain the day to day operation.

The information in this listing has been provided by the business seller or representative stated above. BuyTanningSalons.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness

This listing is provided by capital partners, the price you see above of $25,000 is the minimum cash down payment, in addition to that capital partners will retain a % of sales if you buy the business, capital partners is a free service to all sellers. The original asking price is $ 95,000

Only the minimum down payment is $25,000 . Capital Entrepreneur partners will retain a % of ongoing sales and will help you attain financing and specialize in buyers with awful credit, we also have several other business listings you may be interested in


Business Details

Primary Business Category: Services - Other Services
Location: New Jersey

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: Three

Financial Information

Asking Price: $25,000
Gross Revenue: $182,000
Cash Flow: $57,000
EBITDA: $57,000
FF&E: $85,000
Inventory: $1,200
Seller Financing Available: Yes

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Business Listed By:

Adam Co

self employment partners