High End, Profitable Tanning Salon
Location California,United States
Asking Price Range < $250K
Gross Revenues $201003
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 1 - 3
Inventory 60300
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 1 week at 20 / hours.
Reason for Sale Personal.
Description This Valencia area salon in a long time, well established earner in the area. Most of the equipment has been upgraded to the highest level with a focus on quality and performance rather than on creating a glamorous lobby or retail area. This salon is located in a busy high-end shopping center with many complementary neighbors. It is ideal for an entrepreneurial sales oriented owner-operator who seeks to make their mark in the local indoor tanning market and capitalize on its stellar equipment offering, first class location, and strong pre-established client base.
Asking Price $69,000.
This tanning facility occupies 1,200 square feet that leases for $4,808 per month including CAM, on a lease valid until 2012. Equipment that is fully paid off, including two state of the art high pressure tanning beds, and a variety of late model medium and low pressure tanning beds. Competition in the Santa Clarita Valley is considered to be medium, however, the tremendous population growth in the area has supported high-end salons such as this one. Also, with this salon's 10 year track record this business has already weathered the storm of new competition and come out on top. As such, this seller has seen many others come and go, but is still carrying on business as usual as with revenues as stable as ever.
A new owner will likely seek to continue the stable success that the current owner has enjoyed for a decade. This salon's simplistic, straightforward approach has proven successful. New owner will likely seek to maintain the same level of customer service, while engaging in aggressive marketing efforts to current, past or potential new customers. New owners may also seek to boost the location's average ticket sale while attracting a broader client base via the additional of a stand up tanning option, as well as a UV Free Spray Tan Booth or custom airbrush system, as well as a 10-12 minute stand up tanning unit. Contact for more info on this Tanning Salon for sale.
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