List Price $209,000

This longstanding, profitable salon has been serving clients for 25 years. Six hair stylists utilize the seven cut stations, four shampoo bowls, and three color stations. Three share-time employees and the owner serve at the reception desk and also book the five tanning rooms. The seller is willing to stay on after the sale if asked to do so.

This location is the only tanning salon in the area. Sales from tanning covers most of the overhead costs. The stylists work as W-2 employees on a commission split for hair services; no commission is shared on income from tanning. Vacation pay is the only benefit offered.

The buyer could hire an office manager to perform the seller's current tasks. The seller currently works 35 hours per week in the business. The salon is open six days per week.

In 2010 the business moved to its current location near the intersection of a highway and main road into town with average traffic counts of over 10,000 vehicles per day (Source: MDOT). An apartment complex is slated for development next to this location.

The seller owns the real estate and will negotiate a market rate lease with the buyer of the business. The business occupies 2,368 sf in a freestanding building. Lighted signage is prominantly displayed on the front of the building and there is ample dedicated parking at the front and side of the building. Inventory is additional, estimated to be between $8000 and $10000 in value.

For more details about the business, buyers are asked to complete an NDA and buyer profile (click NDA for link).  Contact the listing agent for further information or to request a showing.