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Business for Sale Summary

Profitable Tanning Salon for sale in Lenoir County - 33982

Business Type: seller financing available,spa / dayspa / skin care,tanning salon
Owner Financing
Profitable Tanning Salon for sale in Lenoir County
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Financial Information (non-confidential)

General Information
Asking Price $67,250 Down Payment $39,000
Gross Revenues $50,000 Lease Remaining Register Free to View
Owner’s Cash Flow $34,000 Number of FT Employees Register Free to View

Financing

$39,000 Down and $28,250 financed at 5% for 24 months

Business Description

Awesome tanning Salon for sale! This 17 yr profitable tanning salon is located off a busy road in the Lenoir County, NC. Business has excellent parking. Included in the sale are 17 tanning Beds (6) 10 mins, (5) 20 mins, (4) 12 mins, (1) Red Light Therapy for Rejuvenation & Pain Management, (1) High Pressure 16 mins. All equipment, furniture, inventory, and computers are included in the asking price. Gross Sales nearly $50,000 with a net income of approx. $34,000. The owner kept excellent books and records. A new owner could potentially profit more from advertising, cutbacks and adding Airbrush spray tanning equipment. The business has been consistent with a steady customer base. The owner is also willing to sell the building. Rent on the property is a low $566 per month. We are seeking a serious and qualified buyer with $39,000 down. Please, discreet visits to the location.

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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.