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Businesses For Sale   >>   Tanning Salons Businesses For Sale

Tanning Salon - Established Location

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $160000
Net Profit / Cash Flow  $60000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2005
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Personal

This well established San Francisco tanning salon is ideal for the working owner who seeks to be their own boss, or for the entrepreneurial buyers who seek to hire a supervisor and reap the benefits of a low hassle, feel good potentially absentee owned income stream. The salon, which has been a neighborhood favorite for years, provides its loyal client base an array of top quality ultraviolet & spray tanning equipment - including a low & medium pressure lay down & stand-up tanning options, as well as a spray tan booth & additional services that offer complementary cosmetic benefits. The salon boasts roughly $1,500 per month in recurring automatic electronic fund transfer (EFT) revenues to maximize profits & provide a stable income stream during the non-peak winter months. Asking Price $160,000 This 721 square foot facility leases for $3,069 per month including common area maintenance expense (CAM) on a lease that expires in 2018 but that will have options to be negotiated within the sale. All of the salon's furniture, fixtures & equipment will be fully paid off and will transfer in the sale. San Francisco is a competitive market for indoor tanning, however, salons tend to enjoy a loyal local clientele based on the convenience to where they work and reside. As such, salons are relatively secure from new competition in their immediate vicinity. As this store has been established for over 9 years it is considered a mature salon. New owners may seek to evaluate the addition of a high pressure tanning option, the implementation of services such as body wraps or massage, or consider expanding the retail offering. New owners may also seek to invest in an aggressive advertising and promotion campaign as the current owner primarily relies on word of mouth referrals & the location's stellar visibility for new business.

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