Upscale Tanning Salon & Spa
Location California,United States
Asking Price Range < $250K
Gross Revenues $225000
Net Profit / Cash Flow $82000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Inventory 172000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks / 20 hours.
Reason for Sale Personal.
Description This very upscale salon and day spa is still relatively new to this booming community, and has come in with a splash! It is perfect for the absentee owner, a full-time working owner, and esthetician or a massage therapist. Located with fantastic freeway access, this salon is positioned to remain the dominant area salon for years to come in this rapidly growing area. This salon and spa boasts a total of 13 rooms, 10 new tanning beds including a stand up tanning option and a brand new Mystic Tan Booth, an office with offsite surveillance capability, and 2 rooms devoted to day spa services (1 with a shower).
This salon is housed in an upscale 2,200 SF facility with a monthly rent of $5,400 plus approximately $1,100 in CAM. The sale comes complete with approximately $170,000 of equipment (which is fully paid off). The build-out, which was estimated to cost $170,000, will impress the most discerning eye.
There are naturally other salons in the area, however, both are much smaller, with a more rudimentary equipment and service offering. This salon should maintain a competitive advantage due to its unique location with fantastic freeway access, its large size (no neighboring centers have such units available), and its diverse service offering which include low to high pressure tanning options, stand up and spray booth options, as well as massage and esthetician services.
This salon has a solid customer base and has only begun to reap the benefits of its fantastic location, and new equipment offering. As this community continues to grow at a break neck pace (there are 3,500 new homes being built in a neighboring housing project), this salon will continue to experience fantastic organic growth. Continued marketing, loyalty packages, EFTs (electronic fund transfers), and fantastic employees will help this salon maintain its status as the dominant player in the community for years to come. Contact for more information on this Tanning Salon & Spa for sale.
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