Tan 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 600000
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Leased
Training 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 from 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 nearly $350,000. The owner's willingness to carry significant financing over an extended period (if properly secured) allows for a timely acquisition at favorable terms.
Approximately 100 tanning beds are included in the sale, all full paid for. The chain's name, arguably the best in the industry, and its facility leases, which have been negotiated at extremely favorable rates, will transfer in the sale.
Competition varies by location, however, most of this chain's competitor are single tanning salons catering to the average tanning consumer. No other tanning salon chains dominate this chain's consumer market segment.
This firm does not engage in regional advertising, where it may be able to achieve significant economies of scale. Further, this chain does not offer any high end tanning services (i.e. spray tan units, etc.) or actively push its retail product offering. Due to its purchasing power and significant market share, this chain is poised to achieve dramatic cost savings for any additional product or service offerings.
The current owner is very agreeable to offering secured long term financing with a substantial down payment. Contact for more information on this Tan Salon Chain business for sale.
Click Here To Contact Seller
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