Tanning Salon Chain - Massive Profits
Location Oregon,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1715000
Net Profit / Cash Flow $700000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1988
Number of Employees 10 - 19
Inventory $1000 per location.
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 3 weeks / 30 hours.
Reason for Sale Personal.
Description This multi-location tanning salon chain may very well be Portland's most established tanning service provider. This operation boasts extremely large tanning facilities, each with an unbelievable number of low pressure tanning options offered at an economical price.
This chain is ideal for the aspiring salon operator that seeks to make a giant entry into the Portland market, or the business person that seeks to take advantage of this large client base by cross-marketing complementary services, or the established salon operator that seeks to extract maximum profits out of this chain's 25,000 client database by adding the equipment, retail products, and service offering to maximize the average dollar sale per client.
Asking Price $595,000. <----- REDUCED FROM 1.2M !!
This chain's facilities range in size from 2,500 square feet to nearly 5,500 square feet, with a total of over 20,000 square feet available. While most of the 120+ beds are standard low-pressure lay down units, the salon does offer a high pressure; spray tan and stand-up tanning options. All of the equipment is paid off and will be included in the sale.
This tanning salon operation prides itself in the consistent service offering and at remarkably stable price point over the past 20 years. As the greater Portland area becomes a more sophisticated indoor tanning market, competition has increased at the periphery of this chain's core geographic area; however, new salons have not managed to have any meaningful impact in this chain's primary market.
This multi location chain has a very simple and straightforward revenue model - offer clients a consistent, quality service at an economical price. A significant amount of upside potential exists for the salon operator who seeks to segment high discretionary income customers via providing high dollar tanning services.
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