Franchise Tanning Salon

File# C2549
Location: Livingston County
Business Price: $175,000
Down Payment: $75,000
Monthly Payment:$1,887.12
Interest Rate: 5%
Amortization Period:60 months
Gross Sales: $275,175
Source: Seller provided P & L
Cash Flow: $74,496
Source: Seller provided P & L
Inventory: $2,500 +/-
Days Open: 7 days
Business Hours: M-F: 8am - 10pm, Sat: 9am - 7pm, Sun: 10am - 5pm
Seats: NA
Parking: Ample
Licences Required:Sales Tax
Year Established:2008
Year Acquired: 2012
Monthly Rent:$4,738.15 +$1,161 +/- NNN Charges

Profile:

Our firm is proud to offer this very successful franchise tanning salon located in SE Livingston County. We have sold many tanning salons, but this is one of the most beautiful ones we have come across. The business is currently being run owner absentee by a manager. This is one of the most experienced salon chains in the tanning industry. Their staff is educated and properly trained in the properties of ultraviolet light, the tanning process and the proper use of UV light for indoor tanning. The salon also teaches tanners in the use of indoor tanning products to enhance the results while protecting their skin. The tanning products are a secondary source of revenue for the business besides the income from tanning beds. Their facility is maintained to the highest standards of cleanliness and sanitation. This salon is located in a prime location, right off the freeway and a major road. There are many retail businesses around, and it is also surrounded by numerous residential neighborhoods. The online reputation of the business is great as well, with positive reviews by many customers. The Royalties are 5% of the revenues plus 1% of the revenues for Advertisement. Call us today to learn more about this fantastic opportunity!

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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.