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Full Service Tanning Salon

Silver Spring, Maryland (Montgomery County)

Services - Beauty & Barber Shops | Services - Other Personal Services

Asking Price $300,000 Inventory $500** 
Gross Income $240,000 Real Estate  
Cash Flow $125,000 Year Established 1992
FF&E $44,500* Employees 1 Owner + 4PT

* included in the asking price

** not included in the asking price

This location is located in a busy shopping center of Montgomery County and has been in this location for 15 years. The revenues for the year ending December 31, 2007 is in the neighborhood of $240,000. It is the opinion of the owner (who is almost absentee) business could be increased significantly if it is operated by the owner who could provide the professional service his clients deserve. Lease expires 12/31/10 but an extension can be negotiated with the landlord. Projected cash flow $125,000

Facilities: Bldg. Size 1,080 sq.ft.; Lease Period: 12/31/10; Mo. Rent: $3,800; Deposit: $3,500.

Support/Training: 2 weeks.

Reason Selling: Family health reasons.

AD # 381019

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