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Business for Sale Summary

Tanning Salon in Suffolk County, NY - 28946

Business Type: best deals!,distressed sales!,illness forces sale!,must sell/drastic price reduction!,new to market,tanning salon
Owner Financing
 Tanning Salon in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $99,000
Gross Revenues $270,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$99,000 Down and $100K over 4 yrs. @ 6%.

Business Description

Well-established tanning salon for sale. Awesome opportunity, with only $99k down! Established for over 33 years in a very busy shopping center, this business is on the market due to a serious health issue. They have built a database of over 9,000 clients. It is the longest operating tanning salon in New York State. The owner spent over $100K in upgrades just one year ago. This is a very simple operation with low overhead. Rent is only 3,200/month. Projected sales for this year are approx. $270,000.00, with a net income of approx. $130,000.00. This is ideal for an energetic owner/operator. It would cost you well over $150k to build a location like this from scratch. We are seeking a serious and financially-qualified buyer with at least $99k in liquid funds. If you meet the criteria, please call 1-877-735-5224.

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. kg

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.