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Upscale Tanning Salon

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$60,000 $121,776 $26,916

Business Summary:
Well designed upscale 2,050 sq ft tanning salon (non-franchise) located in Middlesex County conveniently located in a shopping center with popular shopping and eating establishments anchoring the center and a high school and major university near by. The salon has been established for 8 years and has an outstanding reputation and steady and loyal client base of 6,000. Equipment which is less than 5 years old and consists of 18 tanning rooms with 13 European-made equipment. Sale includes 8 beds, 3 standup booths 1 spray tanning system, sound system, TV, washer/dryer, refrigerator, sofa, computer, fax machine and full inventory of lotions and merchandise. Well below replacement cost of over $250,000. New equipment newly installed offers tanning times for the busy customers allows for the salon to service more sessions per day. This well designed store has everything in place. For further information please contact Gene Reilly at 908-851-9040 ext 293

 
   
   
Year Business was Established: 1992
   
Number of Employees: 1FT  
   
Facilities / Terms of Lease: 2,050sq.ft facility with 13 rooms of tanning equipment which has been upgraded over the 8 years. Located in a shopping center on a main highway with plenty of parking.  
   
Potential Growth/Expansion: 3 rooms available for additional bed or massage, tooth whitening etc.  
   
Owner willing to finance: 2 ½ % + prime  
   
Owner willing to train: Seller will provide two weeks training  
   
Reason for selling: Other business interest  

 

 

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