National Tanning Franchise Resale
Location:
|
Western New Jersey |
Store Opened:
|
2006 |
Square Footage:
|
2000 square feet |
Tanning Units: |
12 |
Annual Sales: |
$198,100 (2007) |
Lease:
|
$5,000/month expiring 3/2010 |
Employees: |
Owner, 3 PT |
Inventory:
|
$1,500 |
FF&E:
|
$100,000 |
Asking Price:
|
$225,000 |
Reason for Sale:
|
Owner cannot dedicate time to manage the salon |
Summary Description:
Two-year-old tanning salon is in a very affluent area. 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 a tanning salon at a fraction of the cost that it would cost to open a new salon. New franchises in the same system are being quoted at an “all-in” investment of $287M to $387M. The cost to open this salon two years ago exceeded $250,000.
It is estimated the indoor tanning industry is a $5 billion a year market. Approximately 30 million Americans tan indoor each year. |