How to Buy a Tanning Salon

If you're crazy about tanning, you might be interested in learning how to buy a tanning salon as a new business venture. The tanning salon business is booming, and you might be able to purchase one sooner than you think by following a few basic suggestions.

Contact a commercial real estate broker. Call or visit a commercial real estate broker to learn about tanning salons for sale. A commercial real estate broker will provide you with a list of current business listings, which might include tanning salons. You and your real estate agent can then set up appointments to go look at the business. Keep in mind, however, that the seller might not want their employees and customers disturbed during business hours, so you might be asked to visit when the salon is closed.

Get your loan. If you're not a cash buyer, you might need to seek a small business loan to buy a tanning salon. Choose which lender you want to use and determine whether you want to go through your bank or use a different type of financial lender.

Ask to see financials. If you find a tanning salon that you are interested in buying and decide to meet with the owner, ask him or her to see the salon's financial records and profit and loss reports. You will want to know how much revenue the business generates before you make an offer. Then, it's up to you to decide whether you think that buying the tanning salon will be a good business venture for you.