Services - Other Personal Services | Services - Other Business Services

Asking Price	$95,000	Inventory	$3,000*
Gross Income	$113,844	Real Estate
Cash Flow	$51,000	Year Established	2002
FF&E	$40,000*	Employees	1 ft 2 pt

* included in the asking price

** not included in the asking price

This tanning salon is located in a high traffic area. The town is building 3-5 high-rise condo/retail buildings all within 3 miles of the salon. There are over 10 gyms and fitness centers within 3 radial miles, of which the salon HAS NO RELATIONSHIP WITH AT THIS POINT. There was NO EFT program in place prior to acquisition on 8/25/07. Since then the salon has sold over 175 EFT packages, retaining approximately 100, averaging $35/customer. At this time, over $3,000 is deposited automatically to the bank account and the owner believes that can be grown to $5,000+ in the next 120 days. The goal is to have the EFT draft cover the entire monthly expenses on the 1st of every month. The Gross Sales and Cash Flow are based on an owner operator since the salon is currently absentee managed.

Facilities: 1,440 Square Feet in an excellent location renting at $2,760 per month.

Competition: There is only 1 major competitor in the area.

Growth/Expansion: Recent addition of a Spray Tanning will assist in growth.

Financing: $30K down with 1yr payout or $50K down with 3 year payout.

Support/Training: 10 day of on-site training.

Reason Selling: Another Business Project