Executive Summary
Listing #: ACG 7299-005
Tanning Salon
Approximate Annual Sales: $80,000
Owner’s Avg. Cash Flow: $22,000
Accounts Receivable: $ 0
Inventory Value: $ 2K
|
($'s in 000's) |
12/31 2005 |
12/31 2006 |
12/31 2007 |
Revenues |
$68 | $79 | $86 |
Gross Margin |
$64 | $74 | $80 |
|
Net Income |
$(20) | $9 | $11 |
|
Recast Cash Flow * |
$(11) | $22 | $22 |
*Earnings before debt service, income
taxes, rent, non-cash charges and owner/general manager expense.
Information taken from tax returns and interim financials.
General Area or Location: North Tarrant County, Texas
Description: Upscale Tanning Salon located in rapidly growing area with a premium location. This salon is comprised of ten high quality sunbeds, one standup tanning booth, and one professional UV-free airbrush booth (NOT Mystic). Operation has been owner-operated for more than ten years and has a client base of more than 8,000 customers. 1,400 SF facility in strip center along major highway with large grocery chain anchor. Immediately step into an ongoing business, easy to operate, everything in place to continue building a fun and successful business.
Reason for Selling: Owners have been at this for over 10 years and are looking for a life change.
Asking Price: $60,000
Alamo
Corporate Group, Inc.
2846 SE Loop 820 *
Ft. Worth, TX 76140
voice: 817-615-8393 - fax:817-615-8455
Contact: Tim Walker
Email:
twalker@alamocorporategroup.com
If you would like more information about this listing, download a copy of the Buyer Application and Confidentiality Agreement. Complete the forms and either fax or mail them to us. Both forms require Adobe's Acrobat Reader.
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