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Listed by:

Transworld Business Advisors

Tanning Salon In Medina County For Sale

Medina County, Ohio, US
Asking Price:
$260,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$106,413
Cash Flow:
$53,682

Tanning Salon for Sale - A Golden Chance to Shine in the Business

Don't miss out on this profitable tanning salon situated in a bustling, high-traffic area. This well-established business stands out for its top-tier, state-of-the-art tanning equipment, which has been a significant draw for a discerning clientele.

The salon's business model is bolstered by a robust system of monthly client memberships, ensuring a steady and predictable revenue stream. These memberships not only reflect the salon's popularity but also its ability to retain a loyal customer base through exceptional service and a welcoming atmosphere. Strategically located, the salon benefits from high visibility and foot traffic, attracting a consistent influx of new customers.

This business represents an ideal investment for anyone looking to enter a vibrant market with a turn-key operation. It's not just a tanning salon; it's a thriving enterprise with a proven track record, ready for the right buyer to step in and shine.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $898.00

Square Units (Foot, Meter): 1,440

Lease Expiration Date: November 1, 2028, 12:00:00 AM

Business Operation

Expansion Potential:

Already flourishing due to its high-end equipment and strong foundation of client monthly memberships, the salon is perfectly positioned in a high-traffic area to capitalize on further expansion opportunities. The key to its potential growth lies in its ability to attract a broader clientele, leveraging its prime location to reach new market segments. Additionally, there's ample scope to enhance revenue streams through diversified services such as spray tanning, skin care treatments, and exclusive wellness products. The salon's state-of-the-art equipment sets a foundation for introducing cutting-edge beauty and tanning technologies, staying ahead of industry trends and continually appealing to health and beauty-conscious consumers. With strategic marketing, especially in digital platforms, and potential partnerships with local businesses, this salon is poised not just to continue its success but to significantly elevate it, offering an attractive investment opportunity with promising returns.

Reasons for selling:

Other Business

Trading hours:

M-F: 9am-9pm, Sat & Sun: 10am-5pm

Employees:
2
Years established:
2020

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Terms:$130,000.00 Interest:8% Term Months:36 Monthly Payment:$4,073.73

Furniture / Fixtures value:
$46,500 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price