Tanning Spa
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $99,000 |
$81,000 |
$21,573 |
Furniture and Fixtures Value:
$60,000 (included in the asking price)
Business Summary:
This well designed 2,800 sq. ft. Tanning Salon located in Union County has been established for over 25 years. It has high visibility and is located in one of the major shopping centers in the area with a Fitness Center next door and a popular shopping and eating establishments anchoring the center. Access to and from is east with plenty of parking. All of the equipment has continually been upgraded over the years. The salon is fully computerized with over 13,000 clients and a well trained staff is in place. The Salon has twenty tanning rooms with 9 different types of tanning devices to choose from including spray tanning. There is a very favorable lease at just $13.28 per sq. ft. and a 1,000 sq. ft. basement with plenty of storage and a private office. This salon is being offered as an asset sale. Present owners are “Absentee Owners”. Needs hands-on owner/operator. For further information please contact 908-851-9040 and ask to speak with Gene Reilly at Ext. 293.
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| Year
Business was Established: 1985 |
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| Number of Employees:
1 |
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| Facilities / Terms of Lease:
Well designed 2,800 sq. ft. Tanning Salon located in a Shopping Center next to a major fitness center. The salon has 20 tanning rooms with 9 different type tanning devices to choose from including spray tanning. It has been in business for 25 years and has a customer base of 13,000 clients. All equipment has continually been upgraded over the years. Numbers reflect Owner/Operator. This is an asset sale. Great Lease at only $13.28 per sq. ft. |
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| Potential
Growth/Expansion:
Needs owner/operator that can market the business and reach out to the 13,000 clients |
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| Competition:
Non-franchise business no $13,000 franchise |
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| Owner
willing to finance:
2 ˝ % + Prime |
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| Owner
willing to train:
Seller will provide 2 weeks training |
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| Reason for selling:
Other interest |
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| REQUEST MORE INFO |
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