Asking Price
$175,000
Annual Revenue
$45,000
Annual Profit
$12,000
FF & E
$80,000
Inventory
$500
Year Founded
2009
Number of Employees
3 part time
Website
Reason For Selling
starting a new career in real estate
This business is not relocatable.
This business is not home based.
Description of Business:
Established Business located within walking distance of both Alfred University and Alfred State College. Nice covered porch offer an appealing entrance to this property. This is being sold as a "Turn Key" business. Currently operated as The Hot Spot Tanning Salon, this business has an established client base. It offers much more than just tanning...this business also has private areas for massages, and the latest equipment for teeth whitening. The price on this property will include EVERYTHING!! The current owner invested in the best tanning equipment and there is a $65,000 investment in tanning beds alone which are only 2 years old. Property has been freshly painted throughout and very well maintained. All showcases, and current inventory will be passed on to the new owner, as well as a full ATD security system. Beautiful hardwood floors throughout the main floor. The full basement has a workshop space and one finished room. This building was a single family home and still has the full kitchen with new sinks, so it would be easy to convert it back to residential or possibly convert to student housing for even more income. Six off street parking spots available. Seller is a licensed real estate salesperson and is in the business of listing and selling real estate.
Property Information:
6 Tanning units (2 stand-ups, 4 beds) 3 levels, An airbrushing unit,and a Teeth whitening unit all tanning related equipment and related inventory goes with sale of building.
Competition and Growth Potential:
There is a lot of potential available still. Buyer could put in a couple of chairs for a hair salon as well as a room for a spa or nails.
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Seller or Broker Info:
Michael
585-808-4112
585-808-4112
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