Premiere Tan Salon Chain - 3 Locations To Choose
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $453000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 1 - 3
Inventory 15000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks / 20 hours.
Reason for Sale Personal.
Description This 3 store tanning salon and retail clothing sales operation represents Simi Valley s only unified chain. Each store is outfitted with state of the art lay down and stand up tanning beds, while two of the location offer spray tan booths. The current owner offers a tasteful selection of female boutique clothing and athletic gear. The chain is ideal for the owner who seeks to become the dominant player in a mature tanning market, the entrepreneur who seeks growth via the introduction of new products and services, or the mom and pop owner / operator who seeks to own a single location and work it themselves as a receptionist, a boutique operator, an esthetician, massage therapist, hair stylist, etc. (as allowed by the lease). This 3 store chain as an absentee owner that lives out of state. As such, a new owner will seek to play a more active role in the operation, capitalize on the company s formidable client base (the chain recently experienced server and software issues a new owner will seek to get all customers back via mailings, etc.), potentially increase the retail offering, or add complementary services such as customized spray tans, body wraps, luminaire hands free facials, esthetician services, massage, or even hair and nails.
Facilities: The 3 facilities range in size from 1,000 square feet to over 2,000 square feet. All equipment is paid in full.
Competition: Simi Valley has become a relatively mature tanning market, as incumbent salons have developed a loyal client following and have entrenched their market positions, while newer salons are struggling to gain market share.
Growth and Expansion: This 3 store chain as an absentee owner that lives out of state. As such, a new owner will seek to play a more active role in the operation, capitalize on the company s formidable client base, and evaluate the addition of complementary products and services.
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