Tanning Salon Price Reduction
Location California,United States
Asking Price Range < $250K
Gross Revenues $96000
Net Profit / Cash Flow $25000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 1 - 3
Inventory 75000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Moving out of area.
Description ****PRICE REDUCED TO ONLY $50,000****
This salon has 10 rooms. Seven are set up with tanning beds/booths one airbrush room and two rooms are rented out. In the 7 rooms there are two stand up high-pressure tanners, 3 new Royal Sun 30 beds, one Sunnenbraun VHR bed, and one low-pressure bed with facial tanning. There is one room for airbrushing; one room rented to an esthetician, and one available for rental for massage.
The salon has been tastefully renovated with beautiful hardwood floors. The lobby is bright and colorful, offering a warm welcome to the customers. There is a Laundromat next door where towels are washed.
They carry some clothing and accessories, but not too much. The mark up on clothing and accessories is 100% and on tanning lotions it is 200%. EFT accounts for about 30% of the income and about 20% is in cash. The remainder is credit card sales. The rooms are rented for $300- $350 a month.
The owner is about to renew the lease. The salon has been at the same location for over 20 years. The owner is very anxious to sell because she and her husband are moving to Aptos where her husband owns another business. The business is being offered at only $50,000 for a quick sale, with terms negotiable.
Click Here To Contact Seller
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