Highly Profitable Tanning & Wellness Spa
North Carolina
| Asking Price: | $250,000 |
| Gross Revenue: | $256,293 |
| Rent: | $2,746/Month |
| Established Year: | 2004 |
| Cash Flow: | $128,662 |
| Inventory: | $5,000 |
| FF&E: | $100,000 |
Listing ID: 2285247Listing provided by BizBuySell
BUSINESS DESCRIPTION
Local community tanning salon that also includes wellness services such as red light therapy, teeth whitening and an onsite esthetician. This location has been a tanning salon for 20 years with loyal clientele. The facilities have been recently renovated and updated in the last several years with plenty of opportunity for continued growth!
DETAILED INFORMATION
Location
North Carolina
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,300
Lease Expiration
30/04/2027
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 2300 sqft with a total monthly rent of $2746 (including CAM). Current lease ends 04/30/2027 with options to renew for another 3 years. Lease is assignable.
Purchase includes 10 UV only tanning units, 1 Hybrid UV + Red Light unit, 2 Red Light Therapy units, teeth whitening equipment, custom spray tan equipment, all current inventory of tanning lotions, moisturizers, red light lotions, teeth whitening supplies, front desk computers (2), ipads (2), printer and office/salon furniture.
Competition
There is no serious competition in the area.
Financing
cash, bank loan, seller financing
Support & Training
Two weeks training.
Current owner is semi-absentee, lives in the area but not required to be onsite daily. Assistant manager takes care of most day to day duties. New owner could be absentee, semi-absentee or more involved onsite with daily duties - it's up to you!
Reason for Selling
Owner wants to pursue other ventures at this time.
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