Tanning Salon for Sale - A Golden Chance to Shine in the Business

Medina County, OH

Seller Financing Available

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Asking Price:$260,000
Gross Revenue:$106,413
Rent:$898
Established Year:2020
Cash Flow:$53,682
Inventory:$1,000
FF&E:$46,500
BUSINESS DESCRIPTION

Don't miss out on this profitable tanning salon situated in a bustling, high-traffic area. This well-established business stands out for its top-tier, state-of-the-art tanning equipment, which has been a significant draw for a discerning clientele.

The salon's business model is bolstered by a robust system of monthly client memberships, ensuring a steady and predictable revenue stream. These memberships not only reflect the salon's popularity but also its ability to retain a loyal customer base through exceptional service and a welcoming atmosphere. Strategically located, the salon benefits from high visibility and foot traffic, attracting a consistent influx of new customers.

This business represents an ideal investment for anyone looking to enter a vibrant market with a turn-key operation. It's not just a tanning salon; it's a thriving enterprise with a proven track record, ready for the right buyer to step in and shine.


DETAILED INFORMATION
Location
Medina County, OH
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,440
Lease Expiration
01/11/2028
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
Already flourishing due to its high-end equipment and strong foundation of client monthly memberships, the salon is perfectly positioned in a high-traffic area to capitalize on further expansion opportunities. The key to its potential growth lies in its ability to attract a broader clientele, leveraging its prime location to reach new market segments. Additionally, there's ample scope to enhance revenue streams through diversified services such as spray tanning, skin care treatments, and exclusive wellness products.
Financing
Owner Terms:$130,000.00 Interest:8% Term Months:36 Monthly Payment:$4,073.73
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Other Business
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Tom Rink