Tanning Salon

File# C2529
Location: Oakland County
Business Price: $110,000
Down Payment: $55,000
Monthly Payment:$1,291.68
Interest Rate: 6%
Amortization Period:48 months
Gross Sales: $142,909.23
Source: Sellers 2018 POS Report
Cash Flow: TBD
Source:
Inventory: $3,000
Days Open: 7 days
Business Hours: Mon-Fri 10-9, Sat 10-7, Sun 10-5
Seats: NA
Parking: ample
Licences Required:Sales Tax
Year Established:2017
Year Acquired: 2017
Monthly Rent:$1,950 Gross

Profile:

This is a great opportunity to own an upscale tanning salon in a very upscale area of Oakland County. This tanning salon is less than three years old, but still does a good amount of sales being run by an absentee owner. This is the nicest tanning salon in town with all state of the art equipment including stand up tanning, tanning beds, and spray tanning. The salon sells high end tanning lotions by the bottle and single serve packets. The salon offers five different tanning packages and also offers EFT (electronic funds transfer) that gets charged to a customer’s credit card automatically every month. The salon is signed up with the Helios program which is the largest and best program for tanning salons which also helps you keep track of all of your customers and their complete history as well as also allows you to direct mail advertise from the same Helios program. A new owner should operate the salon themselves with employees as well as start a large marketing campaign to increase sales. Don’t miss out on this great business opportunity!  Owner  motivated.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.