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Tanning, Wax & Lash Salon For Sale
Location: United States -> New Jersey -> Union County
Industry: Hair and Beauty > Tanning Salons




Business Summary

Truly Absentee Tanning, Wax, & Lash Salon. Established 16 years. Very limited competition. THIS BUSINESS IS CURRENTLY RUN BY AN OWNER WHO IS OUT OF STATE. It occupies a spacious 4,000 sq. ft. space complete with over 23 tanning beds. They recently went through a major remodel and added a new washer and dryer, new tanning beds, a new airbrush room, new waxing rooms and eyelash extension area. There is a camera system in place that can be viewed remotely from anywhere (10 plus cameras). There is a F/T manager in place who oversees daily operations. You can keep the manager or act as an owner/operator and reduce payroll. In the past 12 months, the business grossed approx. $417,298.00 with a net cash flow of approx. $203,068.30. THE OWNER KEEPS EXCELLENT FINANCIAL RECORDS. There are 12.5 years left on the current lease at a rent of $6K/mth.

The business has it's own gated parking lot. We are seeking a serious and financially qualified buyer with at least $285K in liquid funds to cover the downpayment. To learn more, please call or email Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $417,298
Cash Flow:   $203,068
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2001
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train buyer.
Reason For Selling:  Other interests.

Photos

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Tanning, Wax & Lash Salon For Sale Photo 1 Tanning, Wax & Lash Salon For Sale Photo 2




Print Listing Id: 700286928
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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 > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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