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Businesses For Sale   >>   Hair and Beauty Businesses For Sale

Tanning Salon

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $113919
Net Profit / Cash Flow  $33659
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1995
Number of Employees  1 - 3
Inventory  60500
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks at 20 hours / week.
Reason for Sale  Personal.

Description  This owner operated North County tanning salon is known for its customer service, cleanliness and quality tanning equipment. Located between two major anchor tenants in a busy shopping center, the salon has easy access to Interstate 5 as well as other major thoroughfares. With over 10 years at this location, the business has developed a strong database of loyal clients and repeat customers. In addition, the salon benefits from recent improvements made by the current owner, including the purchase of a high pressure tanning unit. Asking Price $79,000.. The salon is located in a 1,406 square foot facility with a monthly lease rate of $2,053 including CAM expense. All of the businessss assets shall transfer in the sale including 6 high end Ergoline tanning units, a top of the line spray tan system, a new high pressure stand up unit, inventory, the name, furniture, fixtures, website and signage and goodwill. Competition is considered medium as other salons exist, however this salonns track record, operating history and location set it apart from direct competitors. This salon still has much room to grow. A new owner could implement a recurring electronic funds transfer program ((EFTT), offer customers coupon mailers for memberships, implement direct mail campaigns and offer promotions to local businesses.

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