MergerPlace

Upscale Tanning salon

Oklahoma


  • Asking Price: $10,000
  • Gross Income: $86,000
  • Cash Flow: $20,000
  • Real Estate: Not Disclosed
  • Inventory: $1,600
  • FF&E: $100,200
  • Listing ID: #201495
  • Established: 2001
  • Employees: 1

Business Description

Owner says "Git her Sold" Make Offer. Health of spouse forces the sale of this beautiful tanning salon. Computerized system, all certified beds. Clean, nicely maintained equipment includes upright and spray tan as well as traditional tanning beds. 12 different stations. You can acquire this salon for less than the cost to create it. Over 50k in leasehold improvements which includes upgraded electric, a/c and finishing touches and 100k in equipment. State of the art well maintained equipment beats the competition hands down. Many loyal clients. Offers packages and student discounts. Spouse suffered health issues in 2011 which required the owner to spend time away from the salon which cost extra in payroll. Would like to sell and spend time with spouse. Their situation creates an opportunity for a new owner. Database of over 6000 clients and 330 active packages. Detailed InformationInventory:Included in asking priceFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities: Very nicely appointed tanning salon. Has state of the art equipment. Located in busy neighborhood center and at same location for 10 years. Over 300 active packages and database of over 6000.Competition: There are competitors offering "discount" loss leaders but has been great advertising for this salon.Growth & Expansion: The only "red light" therapy salon in the greater area. Have increased business dramatically. There is no one in the area that offers this procedure.Financing: favorable terms for qualified buyer

Support & Training: Two weeks at no cost to buyer.

Reason for Selling: Spouse health

This listing is provided by capital partners, the price you see above of $10,000 is the minimum cash down payment, in addition to that capital partners will retain a % of sales if you buy the business, capital partners are a free service to all sellers. The original asking price is $50,000.

Only the minimum down payment is $10,000. 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: Oklahoma

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1

Financial Information

Asking Price: $10,000
Gross Revenue: $86,000
Cash Flow: $20,000
FF&E: $100,200
Inventory: $1,600
Seller Financing Available: Yes

Property Information

Reason for selling:

Spouse health

Support & Training:

Two weeks at no cost to buyer.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Adam Co

self employment partners