This exceptional turnkey tanning salon, established in 1999, is ideally situated at the corner of Ridge and Snow Roads in Parma, Ohio, boasting high foot traffic and excellent street visibility. The business enjoys a stellar reputation and an extremely loyal customer base, contributing to consistent revenue growth and a strong client count since its inception. This owner-operated business is remarkably easy to manage, making it an attractive opportunity for a family or individual seeking a profitable venture. The sale includes 21 state-of-the-art tanning units, offering five levels of tanning options, plus a Mystic HD spray booth, providing a comprehensive range of services. The salon itself is impeccably maintained, clean, and aesthetically pleasing. This is a truly remarkable opportunity to acquire a well-established business at a fraction of its original start-up cost, situated on a 0.62-acre lot. The property is priced at $169,900 and presents a rare chance to own a profitable and established business with significant growth potential. The location in the heart of Parma ensures continued high visibility and accessibility for clients. This is a turnkey operation ready for immediate ownership and continued success. The business's history of success and loyal clientele provide a solid foundation for future growth and profitability.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,487,468
Hospitality
$2,278,507
Educational
$1,895,691
Medical
$1,960,887
Retail
$2,948,853
Location Insight
City
Parma
County
Cuyahoga
State
Ohio
Latitude
41.4052
Longitude
-81.735
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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