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Business for Sale Summary

Tanning Salon and Spa - Run Absentee *PR RED.* - 28933

Business Type: spa / dayspa,absentee business,best deals!,new to market,seller financing available,tanning salon
Owner Financing
Tanning Salon and Spa - Run Absentee *PR RED.*
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This business has received 76 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $175,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View

Financing

$99,000 Down and $55K over 3 yrs. @ 6%..

Business Description

Tanning Salon and Spa - Run Absentee! *MAJOR PRICE REDUCTION* Established over 15 years ago in an affluent Gold Coast town, this business is only on the market as the owner recently had a baby. It is now run on an absentee basis. They have built a database of over 4,000 clients. In fact, it had been a full service spa at one point, but the owner has not had enough time to run that side of the business. That can be brought back by a new owner. The spa room is still there. They currently offer tanning with 3 lay down machines, 3 stand-up machines, 1 European face machine, 1 air-brush booth, and 1 auto-spray booth. This is a very simple operation with low overhead. It is currently run with 2 part-time employees. Rent is only 3,500/mth. for a 2,000 sq. ft. space in a prime area. In the past year the business grossed approx. $175,000.00 with a net income of approx. $85,000.00 (run absentee). The current owner is only there on weekends for approx. 4 hrs./wk. This is an ideal side income business. We are seeking a serious and financially qualified buyer with at least $99K in liquid funds to cover the asking price and inventory. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.