Tanning Salon / Skin Care
Location California,United States
Asking Price Range < $250K
Gross Revenues $120615
Net Profit / Cash Flow $38570
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 4 - 5
Inventory 73500
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This well established Thousand Oaks tanning salon for sale has recently been completely refurbished, with $23,500 in new equipment added. This salon is ideal for a working owner, particularly if they are an esthetician, massage therapist or body wrap specialist who seeks to run their own operation. This salon offers clients a wide variety of all types of tanning beds including a Mystic Tan spray booth and a variety of lay down and stand up tanning beds. This simple operation is a perfect turn-key business for a working owner who seeks a low cost, smoothly run salon with a strong client base and growth potential.
Asking Price $27,500.
The salon occupies 1,000 square feet with monthly rent of only $2,000 until April 2010 with options to be negotiated. The salon houses 5 lay down tanning beds - 3/ with high pressure facials, 1 medium pressure stand-up unit, and 1 Mystic Tan Spray booth (installed in August 2005). As the current owner is semi-absentee, this is a very simple turn-key operation for a new onsite owner.
Competition in the area is considered medium to high, however, this well established salon boasts a 5,000 person client database. New management will seek evaluate the additional of a customized spray tan unit, while heavily marketing the salon's new equipment, its Mystic Tan spray tan unit, as well as the salon's variety of tanning options. Existing customers should be prompted to experiment with bed upgrades, or to purchase the salon's retail products such as lotions and moisturizers to enhance their tanning experience, as well as sandals or sunglasses. A working owner will naturally boost sales via their on-site presence.
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