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Industry:  Service - Tanning Salon                  

                                      Ideal Location in Hillsborough County, Florida - Town & Country Area

Segment:             Tanning Salon - Same location since 1999

Geography:            Tampa Bay Area - GREAT LOCATION!

                                        40,000 cars pass by each day!  Surrounded by several large communities with thousands of residents, both owners

                                and renters, homes, condos, town homes and apartments with new construction about one mile away, which will bring

                                hundred more potential customers.

                                OWNER JUST REDUCED TO $19,000 - UNBELIEVABLE PRICE!!

Asking Price:          $19,000 

Owner Benefit:     $ 27,515     Owner benefit reflects fact that owner is no longer managing. Was much larger prior to moving out of county.

Year Established:   1999

Inventory:              $400.00      Product inventory - Lotion inventory is from two companies  - Designer Skin and Devoted.  (Lotion sales pay the rent)

Equipment & Total Buildout:       Build out, including additional electric cost about $75,000 to $80,000

                                                         Overall Bed Value (Beds & Stand-ups) - $35,000.  WELL MAINTAINED AND LOOK LIKE NEW!!!

                                                         Office & Misc Equipment - $17,820                         

Current hours of operation:      Monday through Thursday - 9 to 9

                                                      Friday 9 AM to 8 PM

                                                      Saturday 9 AM to 6 PM

                                                      Sunday - 11 AM to 5 PM - TOTAL 74 HOURS PER WEEK

Employees:                                 3 PT and Manager/Owner PT (12 Hours).  One employee has keys and codes and fills in as manager.

                                                      All employees are certified by International Smart Tan:  (Cost is $43, paid by the employee).   Certification is state

                                                      requirement.  This business is being priced without employees - since an owner - operator could take the place

                                                      of the employees.

Facility:                                        Salon is 1,200 square feet with a spacious lobby area, 10 beds, one of them is a stand up unit, along

                                                      with washer and dryer units and bathroom facilities.  10 beds is industry average.

                                                      Signage extremely good - right next to a Winn-Dixie - many other anchor stores on a very busy

                                                      intersection.   The shopping mall where the business is located is situated on a very busy corner with

                                                      approximately 30,000 to 40,000 vehicles passing by daily.  This area is only a short distance from Tampa

                                                      International Airport and the downtown area, not far from I-275 - the Courtney Campbell Causeway, two major

                                                      shopping malls and much more. 

                                                      Facility has alarm system and 24 Hour Video monitoring of the lobby and front of the store.

Lease:                                          Lease expires in 2009.  Landlord management is very easy to work with.  They will set up lease with new owner. 

                                                      Owner paid for the build out and the additional electrical work including new panels.  Lessee maintains the air

                                                      conditioner, landlord takes care of outside maintenance.  Unit has 400 amps of service and three air conditioners

                                                      with 11 tons of air.

                                                      Monthly Rent is $1,369. Includes CAM

Monthly Expenses:                                                                       

                                                         Rent                $1,369                    

                                                         Insurance       $   109

                                                         Phone             $     67

                                                         Utilities            $   379

                                                         Labor              This business is priced with an owner benefit as owner-operator - no employee labor

                                                         Owner currently works 12 hours at salon, plus changing bulbs on machines when required.

                                                         Postage & Office Supplies    $  52

                                                        These costs assume an owner/operator to work

                                                        Any other labor, would have to be added to these numbers

Two Weeks Training at No cost to Buyer and Seller will sign non-compete.

Reason for Sale:                           Seller has moved out of the county due to family situation.

 SALES ANALYSIS

GROSS SALES:    2004 - $124,984

                              2005 - $113,677

                              2006 - $  75,295

                              2007 - $  62,660

                              (As mentioned above - this is a great business, but owner has been absentee and

                              needs manager to run efficiently and profitably.)

State-of-the-art - Tanning Salon:

DESCRIPTION OF BUSINESS:

Caribbean and Beach Designed and Inspired:

This beautifully designed, tanning salon has just been put on the market.

Why a tanning salon in Florida, you might ask?...  Because, this young, upwardly mobile population, (did we say YUPPIES?).  But this crowd simply does not have time (in spite of the Florida tourist ads) to go the beach.  They aren't tourists.  They work here. They can go during their lunch hour, or after work and this business caters to them by being open at their convenience.

There are monthly rates and packages to meet every need, even unlimited monthly usage for one fixed rate. They also sell eye protection, creams, tan enhancers and full range of beauty products for maximizing your tan to the desired golden bronze look - (everyone in Florida desires). 

Equipment Lists:

 State of the art equipment, including:

            1    Sfinx 48 bulb w/10 High Pressure Facials

            1    Ultra Sun 40 bulb w/3 high Pressure Facials

            1    48 Bulb Sun Capsule - stand up

            3    Sunvision 28 bulb w/ 1 High Pressure Facial

            2    Sunstar 32 Bulb Bed

            2    Sunvision 28 bulb w/6 spaghetti facials

            Beds are all well maintained and have long life ahead.  Probable overall bed value - $35,000

Office Equipment:

            Computer Program is "Sunny's", which is specifically designed for tanning salons.  Owner tracks customers by use, and computer is

            interfaced with bed timer to assure correct tan time which is established and recorded in customer record.

            1        Computer with flat screen monitor               $   900

            1        12 Station FST timer (FST 1200)                    $   100

            1        Lobby surveillance camera system             $   300

            1       Telephone System                                           $   100

            1        Lotion Display Case                                        $   300

            1        Neon Winder Border & Neon Tan Sign         $   700

            2        Neon Signs on Building:                                $3,000

            1        Stackable washer & dryer                             $   900

            1        "20" TV with Cabinet                                      $   150

            1        Microwave                                                        $    40

            1        Small Refrigerator                                           $  100

            1        Bookcase                                                         $    75

            1        File Cabinet                                                     $    30

            1        L-Shaped Desk                                               $   250

            2        Lobby Chairs                                                  $     75

            1        Alarm System                                                 $   700

            2        Air Conditioning Units                                   $8,000

            1        100 Amp Electrical Panel                              $2,500

            Numerous Indoor Signs, Pictures, Paintings, etc.

            TOTAL                                              $17,820

Customer Base:

They have 532 Customers with Packages.  Packages vary from a few tans to an unlimited number of tans and are priced accordingly. - As mentioned above, lotion sales actually pay the rent!

Growth - Real Possibility:

Advertising has been by word of mouth, customer referrals and customer's bringing a friend, as well as the yellow pages.  With a little additional advertising, sales could increase significantly.  Owner has mostly been absentee lately and with just a little advertising, sales could increase significantly.  What this business needs is a good manager.

Receipts are one-third CASH and two-thirds credit cards or checks.  No outstanding debt.

GREAT LOCATION AND THIS BUSINESS IS FUN!  Where can you go to work - make a great deal of money and have fun - ALL AT THE SAME TIME?  What's not to like?

DID WE MENTION - LIVING IN FLORIDA - IS TERRIFIC?  A few miles from the Beach, fishing, pro-sports, golf, tennis, etc. etc. etc. -  great schools and in a great neighborhood.  Tampa Bay is a growing, dynamic community!  Housing and cost of living is affordable and the WEATHER IS WONDERFUL - ALL YEAR LONG! 

Photos available from the Broker.  Photos can be e-mailed after you sign a Non-Disclosure Agreement.

Disclosure:  Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis.  Information provided herein has been provided by the seller.  Broker has not and will not verify the accuracy or completeness of any information.  Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.