Tanning Salon
Location California,United States
Asking Price Range < $250K
Gross Revenues $115000
Net Profit / Cash Flow $46000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This is not a typo. This Fountain Valley tanning salon, which is located next to a major 24 Hour Fitness Gym, has just reduced its asking price from $59,000 to $29,000. This salon boasts an ideal location with several complementary neighbors, manageable rent, and tremendous room for growth with only minor modifications! This salon focuses on volume of tans as opposed to the size of the average ticket sale. As such, new management will certainly seek to re-evaluate the salonns pricing strategy, and likely implement some form of Electronic Fund Transfer Program or similar membership program. Cooperative relationships with nearby businesses such as gyms, beauty related facilities, etc. will also be instrumental to this salonns continued success.
ASKING PRICE $29,000.
This 1,200 square foot facility leases for $3,790 per month, on a lease value until February 2010 with an option to be determined. All of the entry level low pressure tanning equipment is fully paid for and will be included in the sale.
Orange County continues to be a highly competitive tanning market. This salon, however, has a long-term competitive advantage due to its ideal location and complementary neighbors.
This salon focuses on the simplicity of the operation, and high customer traffic as opposed to high margin sales. New owners will likely seek to capitalize on the 1,550 annual session count to increase the average ticket sale via the introduction of a varied offering - such as spray booth tans, a medium or high pressure tanning option, or tans from stand up booth. New management may also seek to evaluate the possibility of adding additional complementary services such as body wraps, luminaire photo facials, or an increased retail offering (landlord permitting). Contact for more information on this Tanning Salon for sale.
Asking $59,000.
Click Here To Contact Seller
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