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A tanning salon

C$ 115 500  
  • Listing type: 
    Sale of an established business
  • Business status:
    Running
  • Revenue (per month):
    C$ 13 750
  • Established in:
    2000 (business age in years 26)
  • Employees:
    3
  • Type: 
    Owner
CA732322
26.08.2024 at 06:38   Last verified: 26.08.2024

Business description

Fully established tanning salon, been in operation for approx 25 years. Clientele has been with us for many years and continue to come back every year. 5 tanning beds, UVB light, Red Light Therapy Bed and Spray tan equipment included. Spare room for what ever works for you. Currently used as a wax room on a sub contract basis.

26.08.2024: The ad has been checked. In stock.

  • Business Features:
    • With tangible assets
    • Relocatable
  • Units:
    Operating business, Staff, Tangible assets, Other assets, Training and support

Geography and location

  • City:
  • Location characteristics:
    • Close to the highway
    • In a busy location
    • In a beauty salon
    • In a shop
    • In a shopping mall

Transaction terms

  • Price:
    C$ 115 500
  • Deposit (payment in advance):
    10%

Financial information

Monthly averages:

  • Revenue (per month):
    C$ 13 750

Ratios:

  • Price/Revenue:
    0.67x

Corporate issues

  • Legal form:
    Private company
  • Number of owners:
    1
  • Share for sale:
    Entire
  • Reason for selling:
    Health (age, fatigue, illness, retirement)

Staff

  • Number of employees:
    3

Characteristics of other assets

  • Other owned property:
    2 Klassic Beds, 2 Stand Ups, 1 Diva, 1 UVB Bed, 1 Beauty Angel red light therapy bed, Norvell Spray tan booth, Computer, Desk, Shelving, Software.
  • Appraised value
    (included in the asking price):
    C$ 75 000

Training and support

  • Help and support the seller is ready to provide:
    • Training and consultations
    • Primary training
    • Email consultations
    • Startup training
    • Phone consultations

Additional information

  • Competition in the market:
    There are two other tanning salons in Prince George. Both have older beds and not as good of a repore as we do. We pride ourselves on customer service.
  • Business growth potential:
    There is an option to expand into the Hart of PG, location would need to be found.
  • Working hours:
    08/7

Contact the seller

Please be as specific as possible. The seller usually wants to know:
- Do you have the funds for the purchase?
- What is your time frame for the purchase?
- What is your experience?

Seller's contact details

  • Type:
    Owner

Contact the seller

Please be as specific as possible. The seller usually wants to know:
- Do you have the funds for the purchase?
- What is your time frame for the purchase?
- What is your experience?

Seller's contact details


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