Listing ID: 68064

Business Overview

 2 Well-established Full Service Tanning Salons in NYC. One location is on the Upper East Side neighborhood of Manhattan and the other is in the Queens area. Both Surrounded by many major anchor tenants: Equinox, SoulCycle, Orange Theory, Pop-up Bagels, Dave’s Hot Chicken, Chase Bank and more leading to great foot traffic. With little to no marketing, this semi absentee ran business is perfect for a new operator to come and grow existing operations.


Overview:

Revenue (2024): $900,472 Combined

Cash Flow (SDE): $173,722 (19% Margin) Combined

 

Business Highlights:

Absentee Ran

Established for over 10 years

Machines are well kept

Bulbs changed recently

Strong leases in place

Employees willing to stay

$1200 month in additional income from licensing at a 3rd location (not included in sale) 

Rent & Lease:

Queens

Rent: $7,089.66

Term: 9 years left on lease

NYC (UES)

Rent: $12,563.63

Term: 2.5 years left

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $950,000
  • Cash Flow: $173,722
  • Gross Revenue: $900,472
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.