Location |
Essex County New Jersey |
Store Opened |
2002 |
Tanning Units |
10 |
Annual Sales |
$226,205(2007) |
Lease |
$ 5,500/month expiring 4/2012
|
Employees |
Owner, 3 PT |
Annual Cash Flow
|
$ 55,000 (2007) |
Inventory |
$2,500 |
FF&E |
$200,000 |
Asking Price |
$250,000 |
Reason for Sale |
Owner cannot dedicate time to manage the salon |
Summary Description:
Six year-old tanning salon is in an upscale Essex County location. The owner cannot devote the time to manage the salon.
The salon has an exceptional layout and décor, and “presents” very well to an affluent cliental.
This becomes your buying opportunity because of the Asking Price. You will be an owner of an established tanning salon with immediate cash flow at a fraction of the cost that it would cost to open a new salon. New franchises in the same system are being quoted an “all-in” investment over $350,000.
It is estimated the indoor tanning industry is a $5 billion a year market. Approximately 30 million Americans tan indoor each year. |