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Profitable Tanning Salon For Sale
Location: Canada -> Saskatchewan -> Regina
Industry: Hair and Beauty > Tanning Salons




Business Summary

Successful tanning salon in operation since 2000. The salon has an excellent location with approximately 23,000 cars driving by daily on Albert St. with easy access (less than 500 meters) from Ring Road. Salon's size is approximately 2,000 square feet with 8 rooms total, two washrooms, full laundry area, large reception area with leather couches and 4 large shelving display areas. Upgraded XM satellite stereo system, each room has premium speakers w/baffles and separate volume controls so tanning customers can control the volume for each room.

Salon features 1 German high power bed, 1 stand-up tanning booth, 3 regular tanning beds, and a mystic spray tanning booth. Current sub renters are 1 massage therapist (5 yrs) and 1 Reflexoligist (11 yrs). Current sub renters pay approx $17,000 per year in revenue to the salon. Very good lease in place. The salon also has one turn-key room available for future expansion or another sub renter. Owner will stay on to train if needed. Excellent 2010 financials. Financial statements are available upon signing a confidentiality agreement.

Appraised value: $182,000
Asking price: $135,000

Email or call Martin Blonski at 527-0500 for more information on this tanning salon for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $155,000
Cash Flow:   $50,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $182,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will train buyer for as long as necessary.
Reason For Selling:  Buying a larger business.

Photos

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Profitable Tanning Salon For Sale Photo 1 Profitable Tanning Salon For Sale Photo 2 Profitable Tanning Salon For Sale Photo 3




Print Listing Id: 700149239
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Related Searches: Beauty Salons and Barber Shops  >  Hair and Beauty Supplies Retail and Distribution  >  Tanning Salons  >  Other Hair and Beauty  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Saskatchewan Businesses For Sale > Saskatchewan Franchises For Sale



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