Tanning Salon Chain - California's Largest
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1100000
Net Profit / Cash Flow $360000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 35 - 49
Inventory 50000
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Leased
Training Will Train as Needed.
Reason for Sale Retirement.
Description This tan salon chain, touted as California's largest, offers it customers a standardized service at a low cost. The chain, which operates nearly 10 locations and employs over 40 part-time individuals, operates high volume stores (some with more than 250 clients per day!) that run efficiently without supervision from the non-operational owner. The company has been profitable since inception and provides new owners many expansion opportunities. With gross revenues consistently over $1 million, this firm provides current management a net benefit of over $320,000 (Apppox. $360k with a working owner). The owner s willingness to carry significant financing with $550k down over an extended period (if properly secured) allows for a timely acquisition at a favorable term. Contact for more information on this Tanning Salon Chain business for sale.
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