Profile No. CC-0665, First Class Tanning and Nail Salon
Businesses for Sale Retail Profile No. CC-0665, First Class Tanning and Nail Salon

Profile No. CC-0665, First Class Tanning and Nail Salon

Profile No. CC-0665
First Class Tanning and Nail Salon
NAICS or Sic Code: 812199
Industry: Other Personal Care Services
Gross Sales:  $65,935
Net Income: $21,231
Value of Assets Included: $80,000
Inventory Included: $2,000
Asking Price:  Only $35,000
Nail Salon recently added!

 


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Description: This beautifully decorated tanning salon occupies approximately 1400 sq. ft. in a highly traveled center anchored by a national grocery chain. The area surrounding this business claims a median annual household income of over $100,000. The business has become a popular place for tanning, purchase of tanning lotions, and they have a very loyal client base. This is a stress free business to run and operate, requiring minimal employee training.

The business was opened in 2001 and the current owners significantly upgraded the tanning equipment when they purchased the business. They have one Level 4 bed, 5 level 1 lay down beds, 1 level 2 bed, 1 stand up Level 3 high intensity bed and 1 turbo bronzer spray on tan machine. In addition to the equipment upgrades they completely renovated the interior with professionally installed tile, new color scheme including neon lighting, etc.

Estimated fair market value for Furniture, Fixtures and Equipment is $80,000+ and Inventory is approx. $2,000 included in price.

This area continues to be one of the most popular in El Paso County. There are several other new business developments (fast food, banks, etc.) that are bringing new people to the area. The owner is looking at bringing in a nail technician because there is none in the center and there is demand for this service and there is strong cross-over with the client base. A new owner could market the business more aggressively as well and sales should be in the $130,000 range at this location.

They recently added a nail salon as a result of customer requests. 

Price reduced to $35,000 and take over existing lease of less than 17 months!