| Asking Price |
$120,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$200,000 | Real Estate |
|
| Cash Flow |
$40,000 | Year Established | 2004 |
| FF&E |
$115,000* | Employees | 6-8 pt |
* included in the asking price
** not included in the asking price
Leading Tanning and Spa franchise in the country and this business is the local franchisee. There are about 345 franchises nationwide. This franchise opened in May 2004 by the current owners who did the hard work of building out and developing the site as well as establishing the business. The new owner can build on what has been started and take this business to the next level of sales. Staff is trained and reliable. Automated operation with software that tracks customers and sales history. Beautiful salon, must be seen to be fully appreciated. Excellent opportunity to enter the Tanning and Spa business by buying a business with fairly new equipment and enjoy the support of a national franchisor and franchise network! To build a new one would cost well over $300,000. Contact John Coto, Business Broker for more details.
Facilities: The business leases a first floor location, approximately 1572 sq. feet with off street parking in a new strip plaza. Seller is paying $3900 per month (includes property taxes and Common Area Maintenance). Landlord will offer multi-year lease to new owner or may assume the current lease. Seller is 3 years into a 5 year lease with option to renew for another 5 years. See Lease for etails.
Competition: This is a local franchise of a national company with support and an established name.
Growth/Expansion: May be achieved by converting and adding the Spa services. Currently it is a Tanning only salon. Also can grow by expanding hours of operation.
Financing: Small amount of seller financing, negotiable.
Support/Training: Franchisor will train Buyer at Franchisors Training Center for 1 week of Training. Additionally, Seller will provide 2 weeks of training included in the sale immediately after closing.
Reason Selling: Sellers have family matters requiring more time

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