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FRANCHISE TANNING SALON ON BUSY ROAD

Seller: Attn: Customer Service
Location: Bergen County, NJ, USA
Listing Number: "TANN105"


Asking Price: $189,000 USD USA Dollars
Industry: Services: Hair, Nails, Spas, Tanning
Reason for Selling: Absentee owner
Year Established: 2001
Number of Employees: 4
Yearly Cash Flow: $60,000
Yearly Gross Income: $215,000

Overview of the Business:

A Hollywood Tans Franchise business located in a prime area of Bergen County, New Jersey. This is an excellent national franchise that offers exceptional salon services. The facility is beautiful, clean and modern with all equipment in excellent working condition and an estimated value of $175,000. There are over 300 Hollywood Tans salons nationwide, making this the largest chain of professional salons. This facility is located in a commercial mall with lots of daily shoppers who use this service. The present owner is completely absentee with minimal involvement due to an alternative business out of state. He cannot continue to dedicate the required time to manage this location and will train and finance the sale to a qualified buyer with a moderate down payment.


Property Features and Assets:

Facility consists of 3,000 square feet in an ultra modern atmosphere and prime area of Bergen County, NJ. The business is located in a busy mall with ample parking. An existing lease with additional options is available for transfer. The monthly rent is approximately $4,900.


Market Competition and Expansion:

No other Tanning Salons exist in the general area of the business. With on site management and additional local & extended area advertisements, this business will see an increase in income.


Additional Details:


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