1 Withheld

    New Milford, CT 06770
    • $104,900
    • STATUS: Active
    • ON SITE: 154 days
    • MLS #: 170247966
    UPDATED: 67 min ago
    $104,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,200
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    This 1,200 s.f. Tanning Salon has 4 lay-down tanning beds (2 Level 1s, 1 Level 2 and 1 Level 3). It also has a Stand - up tanning unit and a Stand - up Spray Tanning unit.The business started 12 years ago (2007) with the same Owner who has recently had a child and lives in Milford, CT. This is also the reason she now wants to sell.This business can be run either absentee, semi absentee or the Owner can work part time or full time allowing for more Owner take home.Business has an excellent reputation because of its cleanliness, location, great service, and daily advertised specials, mostly Facebook which probably should be expanded to other social media and even print and radio advertising. New Milford has a popular radio station that has a lot of 2 - for specials from local businesses. This might be a great opportunity for a new Owner to investigate.This is a 7day, 71 hour operation. Paid labor for the remaining 63 hours. A new Owner can work 40 hours and only have paid labor for 31 hours. Any combination between these could be done. It is even possible to have the Owner work absentee. Every time the beds go on, the software (Helios program) will record as well as the cameras.Sales in 2016 were +/- $93,166,100,825 in 2017, 103,842 in 2018 and 128,244 is being projected for 2019. The proforma for a working Owner is +/- 134.657. The net, (Owners Cash Flow) for a working Owner (working 40 hours) is +/- $ 50,034.

    Monthly Payment Calculator



    © 2020 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Higgins Group - The CT Home Finder. Data last updated: 2020-03-30T21:09:47.357.
    www.thecthomefinder.com/homes/100329148

    1 Withheld New Milford, CT 06770

    • Price: $104,900
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 170247966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,200
    SQFT
    $87
    $/SQFT
    Neighborhood:
    N/A
    County:
    Litchfield
    Area:
    New Milford
    Property Description
    This 1,200 s.f. Tanning Salon has 4 lay-down tanning beds (2 Level 1s, 1 Level 2 and 1 Level 3). It also has a Stand - up tanning unit and a Stand - up Spray Tanning unit.The business started 12 years ago (2007) with the same Owner who has recently had a child and lives in Milford, CT. This is also the reason she now wants to sell.This business can be run either absentee, semi absentee or the Owner can work part time or full time allowing for more Owner take home.Business has an excellent reputation because of its cleanliness, location, great service, and daily advertised specials, mostly Facebook which probably should be expanded to other social media and even print and radio advertising. New Milford has a popular radio station that has a lot of 2 - for specials from local businesses. This might be a great opportunity for a new Owner to investigate.This is a 7day, 71 hour operation. Paid labor for the remaining 63 hours. A new Owner can work 40 hours and only have paid labor for 31 hours. Any combination between these could be done. It is even possible to have the Owner work absentee. Every time the beds go on, the software (Helios program) will record as well as the cameras.Sales in 2016 were +/- $93,166,100,825 in 2017, 103,842 in 2018 and 128,244 is being projected for 2019. The proforma for a working Owner is +/- 134.657. The net, (Owners Cash Flow) for a working Owner (working 40 hours) is +/- $ 50,034.
    Exterior Features

    Road Frontage Description State Road

    Interior Features

    Cooling System Central Air Heat Type Hot Air Restrooms Number Of 1

    Property Features

    Business Name Tanning Salon Documents Available Other Electic Amperage 600 Garage Parking Info Off Street ParkingParking Lot Heat Fuel Type Natural Gas Landlord Requirments Credit CheckReferences RequiredSecurity DepositLease RequiredAnnual IncreaseNet-Net-Net Lease Location SuburbanStrip Mall Possession Availability Asap Present Use Tanning Salon Sewage System Public Sewer Connected Sign Yn No Tenant Responability Air ConditioningAll UtilitiesCable TvCommon Area MaintenanceElectricityReal Estate Taxes Utilities Available Gas AvailableTelephone Water Source Public Water Connected Zoning Bus

    Listing information © 2020 Smart MLS
    Listing provided courtesy of Charlie Vlahos of Blanket Real Estate.


    © 2020 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Higgins Group - The CT Home Finder. Data last updated: 2020-03-30T21:09:47.357.
     
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