Tan Salon - Great Rent, Well Established
Location California,United States
Asking Price Range < $250K
Gross Revenues $110000
Net Profit / Cash Flow $57000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1983
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This large Tustin tanning salon may very well be one of the most established in Orange County. This salon boasts fabulous rent of only $2,550 per month, for the 1,776 square feet that house its 10+ tanning rooms plus manager's office. The salon is ideal for a full-time working owner/operator that seeks to add their own touch to a pre-existing salon with a loyal client base of dedicated indoor tanners.
This 1,776 square foot facility is on a lease until September 2009, with an extension to be negotiated at a similarly favorable rate. All of the entry level low and medium pressure tanning beds, including a stand-up unit, tanning software and timer system, and lotion inventory is fully paid for and will be included in the sale.
Orange County continues to be a highly competitive tanning market. This salon, however, has a cost advantage over its neighbors due to its fantastic rent and low overhead operation.
This salon focuses on the simplicity of the operation. New owners may seek to refurbish the facility, consider modifying the equipment offering to include a spray tan booth or customized spray tan option or medium to high pressure beds. Landlord permitting, new owners may seek to add body wrap services, esthetician related services such as photo-facials, massage, etc. Management may also introduce a monthly electronic fund transfer (EFT) program, or revise the pricing strategy to extract a higher average ticket sale per tanner. Naturally, direct mail and coupon mailers, or other advertising mechanisms may also be implemented to boost sales. Contact for more information on this Tan Salon for sale.
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