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| Asking Price: |
$250,000 |
Status: |
Active |
| Business Type: |
Service - Others |
Reference #: |
3110 |
| Business Location: |
Maryland |
Broker Coop: |
No |
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Montgomery County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
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Full-Time Employee: |
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| Cash Flow: |
$100,000 |
Part-Time Employee: |
4 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
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Leased SqFt: |
1,000 SF |
| Year Established: |
1989 |
Rent /Month (Include NNN): |
$4,203 |
| Accounting Info(years): |
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Lease Exp.Date: |
06/31/2010 |
| Franchise: |
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Original Lease (# of yrs): |
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| Liquor License: |
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Lease Left (# of yrs): |
1 |
| Seating Available(#): |
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Lease Option (# of yrs): |
5 |
| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
Mon - Fri: 8:30AM - 9:30PM; Sat: 9AM - 7PM & Sun: 10AM - 6PM |
Lease Transferable: |
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| Reason For Sale: |
Moving to South Carolina |
Rent Increase: |
3 |
| Seller Training Available: |
Yes (2 Weeks.) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$30,000 |
Seller Financing Term(years): |
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| Inventory Included: |
No |
Annual Interest Rate: |
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| Inventory Value: |
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Min. Down Requested: |
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Business Description |
This tanning salon, located in a very busy shopping center has been in business in the same location for over 18 years and every year has returned a healthy cash flow to the owners / operators. Definitely the current economic conditions have also affected the tanning industry but having said that even under these conditions the salon is projected to show this year a $100K profit to the current owner / operator. Financing is available.
For additional information, contact Anthony Chrysovergis at 301-572-6000 ext. 304 or by email at Achrysovergis@ciworldwide.com
To learn more about Corporate Investment or to see all of our other business opportunities visit our website at www.CIWorldwide.com |
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