Tan Salon Chain With 2 Flagship Locations
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1050000
Net Profit / Cash Flow $290000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1985
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks / 20 hours.
Reason for Sale Personal.
Description This opportunity offers a new entrant into the highly attractive indoor tanning industry the opportunity to make a large splash in the country's most sophisticated market. Alternately, this chain's A+ Real Estate will also allow an incumbent salon owner to command the majority of the high-end salon market share in one fail swoop. This Central and West Los Angeles based chain has already gained tremendous brand awareness due to is proprietary products and market penetration, however many improvements may still be realized as it has been absentee owned and run on autopilot for the past several years. While new owners may make several operational and marketing improvements to gain immediate net revenue increases, they will not likely have to invest in any equipment or facility modifications.
This chain, undoubtedly one of Central and West Los Angeles' nicest, provides a buyer the opportunity to make a large and immediate impact on the L.A. Market. The chain boasts 2 A+ Flagship style locations, with a 3rd location that has been a consistent earner.
Central and West Los Angeles is the epicenter of such businesses that cater to image conscience '~fashionistas', and aspiring models, celebrities and musicians. As such, competition is heavy but few other chains can boast such stellar locations.
New owners will likely seed to ensure the operation is run with maximum efficiency as the current owners are absentee. They will also seek to capitalize on the chain's economies of scale in terms of heavy marketing and promotion. Contact for more information on this Tan Salon Chain business for sale.
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