Franchised Tanning Salon Spa In Broward County For Sale

Business description

This is a 7 yrs established franchised tanning salon and spa located in an extremely busy plaza within a very highly dense commercial and residential part of Broward County. Plaza anchored by several well known stores that constantly draw in traffic and pedestrians. Seller states tanning salon has 188K in annual sales (including about $4000 in regular monthly membership fees) and 46K in annual net. Seller is almost totally absentee. Sales and income can be dramatically increased if new owner takes on a more active role and increases marketing efforts and spending. Facility has a total of 8 pieces of fully paid for and state of the art tanning and spa machines in 8 exam rooms. Benefits of franchise include reciprocity with the many other franchisees, excellent support for maintenance of machines, POS system, and help with advertising and promotional products. Equipment conservatively valued today at 50K and leasehold improvements of $90K included in asking price of 75K. Please contact broker below for more info.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

other business interests

Employees:

4

Years established:

2004

Other information

Support & training:

two weeks

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)