Sold Tanning Salon For Sale

Business description

This is a well established tanning salon that has been in business for almost 20 years, and has a very loyal customer base. Their customers don’t want to go anywhere else because they have been spoiled by the clean facilities and friendly family owned and operated atmosphere. The current owners have owned the business for 13 years and are including over $125,000.00 in beds and booth in the sale. In total almost $170,000.00 worth of assets are included in this sale. The business provides tanning services which include the use of 12 state-of-the-art tanning beds as well as a Mist on Tan (ultra violet free) tanning booth which are all universally linked and operated from a simple computer based application. Sessions are sold individually, in packages, and in membership packages. This is a great opportunity for someone interested in a established salon in a upscale area of Houston.

Please note the correlation between the amount spent on advertising and the Cash Flow:
Advertising Cash Flow
2005 - $532 $17,831
2004 - $2,550 $43,920
2003 - $3,353 $68,172
2002 - $4,519 $91,131
A new owner should be able to increase earnings to previous levels by increasing the advertising of this top quality business.

Property information

Real Estate:

Lease

Lease terms:

1760 Sq/ft, $3,500 a month

Location:

Great location at a busy intersection.

Other information

Support & training:

included

Reasons for selling:

Started another business in a different industry.

Trading hours:

M-Th. 8-10, Fri 8-8, Sat.9-6, Sun.12-6

Financing available:

Financing available for a qualified buyer

Furniture / Fixtures value:

$169,605 (included in the asking price)