Elite Tanning Salon Lenoir City, TN (Loudon County) Asking Price: $110,000

Gross Income: $166,256

Cash Flow: $40,000

EBITDA: N/A

FF&E: $60,000

Inventory: $500

Real Estate: N/A

Established: 2003

Employees: 6


Business Listed By:
Darrel Sheley TNBusiness Brokers 865-386-9056

Business DescriptionTen year old Tanning Salon with 16 multi-level tanning beds that offers the ultimate tanning experience. The salon is supported by a strong following with many repeat customers. Available tanning packages keep customers coming year round, with additional options to fulfill every tanners need. With revenues showing improvement from 2010 -2011 and 2012 the Salon is tracking a positive growth pattern during time of economic struggles for many businesses. Detailed InformationInventory:Included in asking priceFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities: Salon is located in a small strip center on a major roadway with strong visibility. The salon supports over 2000 square feet of space with 16 top of the line tanning beds in excellent condition. Business is in exceptional condition and is a must see if you are interested in the tanning business. Total FF&E and build out was over 160/k ten years ago.Growth & Expansion: Opportunity if you are an on hands operator to grow the business.Support & Training: 28 daysReason for Selling: Other business interest                             The information in this listing has been provided by the business seller or representative stated above. BuyTanningSalons.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.