Tanning Salon With On - Site Parking
Location California,United States
Asking Price Range < $250K
Gross Revenues $100000
Net Profit / Cash Flow $35000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 4 - 5
Inventory 30300
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This quaint Studio City Salon, which caters to many of Hollywooddƒ?s ƒ?A-Listtƒ? celebrities, is a little gem located in one of the most sought after areas of San Fernando Valley. The location has already withered the storms presented by new competition in the area, and is still holding its own due to its Ventura Boulevard location , loyal client base and solid workforce.
The salon is located in a 1,000 square foot unit with the perfect mix of 6 highly popular lay down beds, a top of the line stand up unit, as well as a Mystic spray tan booth located in the 7 room facility. All of the equipment will be paid off the sale, so the new owner will own all equipment outright in this sale. With a highly competent full-time manager, this is truly turn-key operation for an absentee owner.
Competition in the Studio City is naturally considered relatively high, as this is the epicenter of Los Angelessƒ?s acting and modeling industries.
This salon offers its high-end customers medium pressure tanning options, but still has room to grow profitability as it does not aggressively push EFT packages, or cater to clients seeking high pressure tanning beds, custom spray tans, body wraps or hands-free lumnaire facials (which may require landlord approval). The salon also has the opportunity to increase profits as the current owner is a completely absentee corporate execute, and semi-removed from the businessessƒ? day to day operations that are key to maximizing average ticket sale per customer.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
