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Listing Details - Beautiful Tanning Salon in North Houston Metro

Beautiful Tanning Salon in North Houston Metro
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North Houston Metro - Texas, Harris

Seller Financing:
Lender Pre-Qualified:
Listing ID: 59925
Office ID:
Status: Active

Listing Details

Listed Price: $47,000
Down Payment:
Total Sales: $68,483
SDE: $17,000
EBIT:
EBITDA:
FFE: $37,500 Included? Yes
Real Estate: Included? No
Inventory: $1,500 Included? Yes
A/R: Included?
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Contact Information
sean lacy
Office:
Cell:
Fax:
Email: sean@horizonbi.com
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Reason for Sale: Relocation
Training: The seller is willing to provide training for a smooth transition and will share ideas to immediately increase profitability.
Financing Terms: Seller will consider financing with reasonable down payment.

Operations

Year Established:
Last Acquired: 2006
Form of Ownership:
Home Based:
Relocatable: No
Type of Location: Strip Center
Absentee Owner:
Online:
Employees: Full Time: / Part Time:
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities: Very nice salon that has been kept clean and up to date. The seller has painted and improved the space. A buyer needs to see the inside of this tanning business to appreciate how nice it is.

Summary

Business Description: This is a great opportunity to purchase an existing and profitable tanning salon in the North Houston Metro area. The salon is very clean and well maintained with a loyal customer base. The business includes multiple level 1-4 tanning beds as well a stand up booth. There is a small retail display and front desk area with all the necessary equipment. The seller has had other interests and has focused much more on keeping current customers happy than marketing for new ones. This presents a tremendous opportunity for a buyer to increase sales with some additional marketing. If you interested in a tanning salon in the north part of town, you have to check out this business! The seller will provide financing for the sale. The seller is negotiable on price and will offer a significant discount for a cash sale. Make an offer!
Historical Summary: This business has a history of profitablility and loyal clientelle. Under the current ownership, customer service and salon quality have been the focus but the seller has done little to market for new customers.
Owner Qualifications:
Competition: There is, of course, lots of competition in the tanning market. However, this salon is extremely clean and well kept and customer loyalty is high.
Potential Growth: The seller has multiple ideas for increasing sales but has not followed though due to their personal circumstances. The salon currently maintains shorter than average business hours which could be extended to increase sales. Another opportunity would be the expansion of the retail offerings. Mark up on lotions and other retail items are high and a larger display are with more offerings could boost profits.
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