Upland Area Tanning Salon In Shopping Center
Location California,United States
Asking Price Range < $250K
Gross Revenues $128430
Net Profit / Cash Flow $27641
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 1 - 3
Inventory 40300
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This Upland - Rancho Cucamonga Area tanning salon for sale, offers an industry entrant, who will undoubtedly be a working owner, a large tanning facility with a variety of equipment to operate from. Given the purchase price, set to make the salon accessible for the masses (buyers have even put salons in the price range on their credit cards), this opportunity provides the buyer the ability to have their own business, expand it with their own unique touch or complementary concepts (custom spray tan, massage, body wraps, retail, etc.) with limited overall downside risk..
Please note that it is necessary for all prospective buyers to fill out a Non-Disclosure indicating ability to purchase. Requests for specific data without such will not be entertained. This opportunity is not available for co-broker at this time. Asking Price $49,000. This 2,000 square foot facility leases for only $2,900 per month including CAM, on a lease ending in July 2009, but with a 3 year option (may be negotiated). This salon has a varied mix of tanning equipment including lay down beds, a stand-up tanning option, and a spray tan booth. All of the tanning equipment is fully paid off.
The Inland Empire is a relatively competitive tanning market, however, this owner has a well-known, low cost location in what will soon be a revitalized shopping center. The salon's location provides it convenient access to a nearby gym, as well as plenty of customer parking spaces. New owners will seek to maintain the same equipment mix and service offering as the seller, but will likely seek to add a customized spray tan option as well as an expended retail offering, and evaluate the additional of body wraps or other complementary services. A full-time working owner will seek to push automatic monthly electronic fund transfers (EFTs) to help the salon to prosper during the winter, increase the average dollar sale for retail products, and launch an aggressive marketing campaign.
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