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Tanning Salon

Price$69,900
Revenue$164,000
LocationLethbridge
Business TypeFranchise
Year Established2013
Reason For SellingConflict of Interest
Type Of SaleAsset
SDE$36,000
Seller FinancingNo
Sold

Smile and Glow!

People love their tans!

Clients and staff are friendly.

This is an amazing people business with the advantage of maintaining a tan all year!

Wow Lifestyle Business

Ideal for an ambitious new owner to grow. It is also a good fit for a semi-absentee owner with great marketing skills. The shift in consumer preference will propel this business well into the future. Opening a second location could tap into a whole new source of revenue.

This is a high margin, high cash business. Limited inventory to manage makes it easier to predict cash flow and mitigate risk.

Completely turn-key, walk into profits on your first day as the new owner.

 

Fast Growing Brand

Excellent Franchise

High Margin Business Model

Asking: $69,900

Asset Sale

Inventory is on top of the asking price and adjusted at close.

Estimated Inventory Value: $6,800

 

Annual Sales: $164,000 projected for 2018

SDE: $36,000 projected for 2018

Gross Profits after Cost of Goods: 64% – 69%

*Numbers are rounded

___________________________________________

 

Facilities: Newly renovated, turnkey space, complete with two (2) tanning rooms and ample parking. Shared reception keeps costs very low!

Year Established: 2013

Employees: 1 FT and 4 PT

Growth and Expansion: This unique business is growing year over year. It reflects the changes in the industry and capitalizes on the shift in consumer preference.

Support and Training: Yes, as mandated by the Franchise.  The Seller will also provide additional support and training as reasonably required.

Seller Financing: No

Reason for Sale: Moving into corporate leadership under the national Franchise brand. Selling for Conflict of Interest.

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