Tanning Salon - Kalamazoo Co. - SOLD Feb 2020 |
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Business Summary:
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Well established tanning salon with an ideal location and a built in and well tenured customer base. Recent building renovations and popular neighboring businesses provide a consistent and growing customer base. This business is a great opportunity for someone with an entrepreneurial mindset or for an existing tanning business to growth through acquisition. Business is priced to sell!
State of the art equipment for both tanning and skin care provides a wider spectrum of services than just a tanning only salon. A hands-on owner could build growth with only minimal effort and investment. With some additional focus on marketing and community awareness this already growing business could produce great returns on your investment. |
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Facilities / Lease Terms:
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Business is located in a multi-use strip mall full of well-established and high traffic businesses. There are popular restaurants and hotels in the immediate area. 13 beds, spray booth, hydration station, red light therapy bed and hydro massage.
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Real Estate:
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Property is leased – Lease is transferable.
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Growth Opportunity:
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Lots of growth potential with the right owner operator or as an addition to an existing tanning business. Current owner has not implemented any active marketing or advertising, leaving plenty of room for addition revenue. Location and signage, as well as recurring customers and word of mouth, has been the current model; so active attention to new clients could show immediate results.
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Competition:
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Local competition has historically attracted a different, less affluent client base, and provided lesser customer service and higher prices as well as fewer service options for not only tanning, but health and beauty. Seller provides a higher quality location and services.
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Financing:
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Support & Training:
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Seller has a current staff of steady employees with a low turnover rate, and doesn’t expect changes due to the sale of the business. Seller would gladly discuss options with buyer.
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Reason for Selling:
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Current owner is looking to focus on other business obligations.
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Broker Contact:
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David Hunt – Advanced Business Advisors, LLC
Office: 616-240-6995 Fax: 248-564-5259 E-mail: Dave@AdvancedBusinessAdvisorsLLC.com |
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*The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility.
Above information is subject to change and/or correction and should not be considered binding.
