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Tanning Salon - 9 Beds, Run as Franchise or Independent

Fargo, North Dakota (Cass County)

Retail - Miscellaneous Retail | Services - Other Personal Services

Asking Price $125,000 Inventory $1500* 
Gross Income $135,000 Real Estate  
Cash Flow $35,000 Year Established 2004
FF&E $90,000* Employees 8

* included in the asking price

** not included in the asking price

Offering tanning services and a full line of skin care products and tanning accessories started in December of 2004 and has been operated by the current owners since. The franchise is the world's largest and fastest growing neighborhood tanning spa franchise. This location operates out of a 1643 square foot location within a new strip mall along a busy arterial road. Neighbors in the mall include a nail salon, dry cleaners, bank, coffee house, other restaurants and bars, clothing and other misc. retail stores. The lease is in 5 year increments at $12/sq ft with one year remaining on current term. They have a total of 9 beds 7 lay down beds and 2 stand ups. All newer higher end equipment and very well maintained. They are open Mon-Thurs 9AM-10PM, Fri 9AM-7PM, and Sat/Sun from 12-5PM with one full time and seven part time employees. The Sellers are more than happy to assist in a smooth transition of ownership. New buyer can continue with the franchise or run as an independent.

Facilities: This location operates out of a 1643 square foot location within a new strip mall along a busy arterial road. Neighbors in the mall include a nail salon, dry cleaners, bank, coffee house, other restaurants and bars, clothing and other misc. retail stores. The lease is in 5 year increments.

Competition: Only tanning salon in the immediate area. Huge upside potential in this location and the tanning and spa industry is growing every year.

Growth/Expansion: Additional spa services and increased vareity of tanning options would suit this business well.

Financing: Possible for right buyer

Support/Training: Owner will stay and train new buyer and if you decide to keep the franchise they have a training program also.

Reason Selling: Other business interests

Business listed by

Robert Klinger

701-388-3304


Veracity Business Brokerage


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