TANNING SALON-$75K
Seller:
Attn:
Michael Saunders
Location:
Frisco, TX, USA
Listing Number:
5863604
Overview of the Business:
Tanning salon/contempo spa located North of Hwy 121 in an affluent area that has high visibility and excellent traffic flow. This well know Franchise is the largest and best known tanning and spa franchisor in the country with over 400 locations and over one million members. The franchisor has a proven and successful model offering several revenue streams, including tanning, spa services and skincare products, and provides excellent franchisee support. This upscale contempo spa has Mystic tanning, a Hydration Station hydrating bed, (3) VIP 48 bulb beds, (2) Platinum 52 bulb beds, and (3) 32 lamp Basic bed. The business also enjoys solid monthly EFT (Electronic Funds Transfers) of $3,000 drafted directly from patrons checking or credit card accounts. The inventory, customer database, furniture, fixtures and equipment are all included in the asking price of $75,000. Business is currently open 9am to 9pm Mon-Thur, 9am to 7pm on Fri, 9am to 5pm on Sat and 1pm to 5 pm on Sun.
Property Features and Assets:
This 1,500 Sq.Ft. facility has favorable lease terms with 5 years left on the lease. The tanning salon has Mystic tan, Hydration Station and 8 tanning beds which are five yrs. old, and are in tremendous shape from being well maintained with bulb changing on a frequent basis. The interior is beautifully designed and has a warm and modern ambiance. The salon contains laundry room with stackable washer & dryer. The demographics are very favorable to this type of service business
Market Competition and Expansion:
Competition: Normal competition for the tanning industry. However, this tanning salon has an established customer base comprised of repeat customers who repeatedly refer new customers.
Growth and Expansion: This business could have significant increases in sales by adding more spa equipment.
Additional Details:
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