Established Tanning Salon Chain
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1190000
Net Profit / Cash Flow $500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This multi-location salon chain is one of Orange County s most dominant tanning operations. Known for its key locations that cater to its relatively high-end client base, as well as its diverse product offering (lay down, stand up, or spray tanning options), this chain presents an industry entrant or an incumbent salon owner the unique opportunity to make a large splash in this coveted market. This opportunity is not available for co-broker at this time. Kindly refrain from such inquiries.
All of this chain s tanning equipment will be paid off in the sale with the exception of minor operating leases for items such as credit card terminals, music and software. This salon boast a strong mix of late model Ergoline Beds, Mystic and Magic Spray Tan Booths, and a stand-up tanning unit.
Orange County continues to be a relatively mature tanning market due to its ideal demographic make-up - largely comprised of a young, image conscience, relatively high discretionary income Caucasian population. As one of two dominant chains in its area, this business enjoys a great deal of market power and the resultant advantages over its only local competitors ( mom and pop style salon) due to its ideal locations, and the economies of scale the chain has achieved in product and equipment purchases, coupled with advertising and marketing benefits.
New owners may seek to play a more active role in the operation, capitalize on the company s formidable client base, by potentially increasing the retail offering, or add complementary services such as customized spray tans, body wraps, luminaire hands free facial services, esthetician services, or even massage. In additional, alternate pricing strategies may be implemented to maximize the average revenue per client. Contact for more information on this Tanning Salon Chain for sale.
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