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Tanning Salon Business Valuation Formula: |
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This is a general business valuation formula or method for existing and established (min 3 years) tanning salon businesses (including franchises) based on a multiple of the owners annual adjusted net income or cash flow. | |
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Broker Comments: I have found that tanning salon businesses that are operated absentee (or semi-absentee) attract the most attention and support the highest prices when listed for sale. I have also found that tanning salons with onerous and expensive leases and older equipment are often relatively harder to sell. And with any retail business a visible and high traffic location is always helpful when selling. Request A free consultation about your existing tanning salon business here. |
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Note: Always contact and consult with a Business Broker, Business Appraiser, or financial adviser who is familiar with the dynamics of your local market and economy. | |