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Tropic Sun Tan – Premier Tanning Salon in Utah

Tooele, UT
Lobby
Lobby
Asking Price:$350,000
Gross Revenue:$240,000
Rent:$2,721/Month
Established Year:2022
Cash Flow:$67,230
Inventory:$4,000
FF&E:$200,000
Listing ID: 2275087Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established Tanning Salon

Seize the opportunity to own Tropic Sun Tan, a thriving tanning salon in the heart of Tooele, Utah. Established just two years ago, Tropic Sun Tan has rapidly become a local favorite, known for its high-quality service and cutting-edge equipment. With a proven track record of increasing revenue, this is a turn-key business ready for a new owner to step in and continue its success.

Key Features:

Established Business: Operating for 2 years with a strong and growing customer base.
Revenue Growth: Demonstrated increase in revenue since inception, indicating a healthy and expanding business.
High-End Equipment: Salon is equipped with state-of-the-art, high-end tanning beds, offering customers the latest in tanning technology.
8 Bed Salon: Spacious salon layout with 8 premium tanning beds to meet high customer demand.
Prime Location: Located in a busy area of Tooele, ensuring high visibility and foot traffic.
Turn-Key Operation: Fully operational with a dedicated staff and established processes in place.

DETAILED INFORMATION
Location
Tooele, UT
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,750
Lease Expiration
01/11/2027
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Our equipment includes: 1x Open Sun 1050, 1x Prestige 1600, 2x Sunrise 7200, 1x Inspiration 600, 2x Passion 40/3, and 1x VersaSpa Pro. Full cash wrap equipped with computer, tablets, printer, and tanning timer & software. Breakroom in back of store includes microwave, minifridge, and couch. Laundry room located in the back with washer and dryer. Full Inventory of top of the line tanning lotions featuring full size bottles and samples. 3 years remaining on lease with option of a 5 year renewal with qualified buyer.
Competition
There is only one other tanning salon for competition within the county. We our unique because we offer new high-end equipment and a fresh modern vibe.
Growth & Expansion
We have experienced substantial growth in sales from year one to year two, and we’re continuing to build on that momentum. Tooele County, which is the 6th fastest-growing county in Utah, has expanded by 14.71% over the last four years, with an estimated population of 84,147 and a positive growth outlook. A new owner who takes a more hands-on approach could significantly reduce labor costs and drive even more product sales, if wanted.
Support & Training
Will provide 2-4 weeks of training at no cost to the buyer.
Reason for Selling
Other Business Ventures
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Tyler Connor
Phone Number
Tyler Connor
Call Phone