$Seller Financing Available
| Asking Price |
$135,000 | Inventory |
$5000** |
|---|---|---|---|
| Gross Income |
$231,000 | Real Estate |
|
| Cash Flow |
$40,000 | Year Established | 2005 |
| FF&E |
$180,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
Two locations in Fargo/Moorhead started in 2005 and has been operated by the original owner since new. Operating within busy strip mall locations and along major artery roads. A well established customer base has enabled them to grow revenues to over $231,000 per year with a great reputation for service. They are open Mon-Thurs. from 8AM-11PM and a little less on the weekends. The current owner runs the business absentee. They are very diligent about appearance and the locations and equipment shows very well. In addition to increased sales opportunities/efforts, the company also has great upside potential to improve revenue and profitability through adding additional services and improved operational performance. This fun and profitable business offers an attractive cash flow for a new owner and good upside potential. The Seller is more than happy to assist in a smooth transition of ownership. Have customers walking in the door on day one and own the business for less than the initial build out and equipment cost.
Facilities: Both locations are set in new strip malls with long term leases in places.
Competition: Only tanning salons in immediate area.
Growth/Expansion: Having a marketing plan would make the biggest difference. Additional services and improved operational performance would also lead to increased revenue and profit.
Seller Financing Available: Yes
Financing: Seller will carry note for well qualified buyers
Support/Training: Owner will stay and train new buyer
Reason Selling: other interests

Robert Klinger
701-388-3304
Veracity Business Brokerage
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