LOCATION!!! Highway frontage in Cold Lake, it's time to expand your business. This commercial mixed use property includes a spacious front, offers 4 offices, storage, a kitchen area, and bathroom. This space was previous ...
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LOCATION!!! Highway frontage in Cold Lake, it's time to expand your business. This commercial mixed use property includes a spacious front, offers 4 offices, storage, a kitchen area, and bathroom. This space was previous ...
Asking Price : $599,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,296
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
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According to a study, millions of Canadians resort to using tanning services and paying regular visits to numerous massage therapists. Aside from tanning, healthcare, wellness programs, consultation, nutrition, fitness, and recreation are among the most sought-after personal care services in the country.
A tanning salon can become a profitable business model if you introduce additional features to your core product offering. For example, aside from the regular tanning process, you can harness the power of suggestive selling to offer advanced features to your regular customers, such as:
As you can see, your options are virtually limitless. However, the success of your purchase depends on the negotiation efforts with the original owner. That's where FindBusinesses4Sale comes into the picture. Our real estate listings and sale systems will help you find the most affordable business offer and gather all the necessary insights to make an informed decision.
We offer a broad selection of salon services for sale in Canada. Our business-selling platform allows you to register for free, create an account, and list all available businesses for sale that fit your niche, industry, and marketplace. You'll have additional options, such as free advice on the best business-purchasing practices, including the most accurate way to calculate the real value of a business you want to buy.
Your account will give you unrestricted access to our platform and a user-friendly, customizable dashboard where you can experiment with various search features, smart automations, and other criteria for finding affordable business offers in your area.
In addition, we'll provide professional guidance on finding the best location, setting your pricing, and creating a business strategy for beating your competitors and ensuring the highest rate of salon bookings in the market.
However, before you enter the Canadian wellness industry, you need a strategy and an effective business plan to mitigate potential risks and conquer challenges. Finding a prime location is a critical factor as your business relies on foot traffic to establish a steady income stream.
Consider buying a business in an area with the highest footfall to ensure the best overhead and shortest turnaround. The location will determine your pricing as it depends on the ongoing business expenses. Our financial advisors can help you research the market and compare competitor prices to determine the best pricing for your services.
The next step is to project the estimated cash flow. Most tanning salons earn income from cash sales that include:
The most effective way to project an accurate cash flow for your tanning salon business is to assess your annual income by determining the following factors:
Keep in mind that tanning is a matter of season. Some seasons will be busier than others. The demand and operating hours are valuable considerations that you should include in your business calculations.
Your opening hours depend on the clientele you plan to attract. If you choose business professionals as your target audience, it's better to open later. However, shift workers, young adults, and parents prefer normal business hours.
Take your time to consider these factors, as they can provide valuable insights for setting up your business operation. In case you need help with any of these items, our industry analysts and business specialists are always at your disposal.
Head to our website, complete the free registration process, create an account, and tap into our real estate listings to start weighing your options. Our platform will help you find a business for sale that fits your budget and requirements, contact the owner, and negotiate the most reasonable purchase price.
Buying a business in Canada is no longer a time-consuming procedure that requires browsing hundreds of confusing websites. Thanks to FindBusinesses4Sale, you have all you need in one place.
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The more you check specific business requirement/ filters, the fewer listings will appear, particularly in more sparsely populated locations.
The seller's representative will generally request that you execute an NDA (Non-Disclosure Agreement). Their professional commitment requires them, in most cases, to protect the identity and operational details of their business clients. Sellers typically don't want their staff, suppliers or competitors to be aware of their sales efforts.
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