Tanning Salon with Solar System
Monmouth County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$322,000 |
$260,000 |
$177,371 |
Furniture and Fixtures Value:
$145,421 (included in the asking price)
Inventory Value:
$500 ( not included in the asking price)
Business Summary:
This very large 2,500 sq. ft. tanning facility in Monmouth County is meticulously maintained and operated business, conveniently located in a shopping center with popular shopping and eating establishments anchoring the center. The salon was established 15 years ago and the equipment has continually been upgraded, most of the equipment is only 5 years old. It has 18 tanning systems consisting of 8 standup booths, 8 beds and 2 spray tanning systems with tanning levels ranging from level 1 to level 6. This salon was one of the first to take steps to reduce its energy demand with the use of a 10,000 watt solar power system. They have successfully reduced their energy demand by 15%-40% based on weather conditions, and business volume. A large portion of their client base participates in the recurring monthly package system, where the owner automatically charges patron’s credit cards for their membership package each month. Lots of potential being offered well below replacement cost (over $485,000). Highly motivated seller has 3 additional locations available. Great opportunity to franchise. For further information, please contact Gene Reilly at 908-851-9040 Ext. 293.
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Year
Business was Established: 1995 |
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Number of Employees:
3PT |
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Facilities / Terms of Lease:
This 2,500 sq. ft. salon with a solar system consists of 8 standup tanning systems, 8 tanning beds and 2 spray systems. Most of the equipment is only 5 years old located in a shopping center with plenty of parking. Lease 2 years + 10 year option. |
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Owner
willing to train:
2 weeks training |
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Reason for selling:
Other business interest |
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REQUEST MORE INFO |
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