Tan Salon - Great Rent & Location
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $265600
Net Profit / Cash Flow $153800
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This San Dimas Tanning Salon is perfectly situated to be the dominant area salon for years to come. This well established earner has a highly stable and steady client base, as evidenced in its consistent year over year revenue growth. The salon, which boasts at least another 6 years on its lease with favorable facility rent, offers its clients 7 low and medium pressure lay down beds, a medium pressure stand-up tanning unit, a spray tan booth as well as a custom spray tan unit. The facility is located in a shopping center with ideal neighbors.
This 1,000 square foot facility leases for only $2,755 per month including CAM, on a lease valid until the end of 2008, with one 5 year option. All of the salon's equipment is fully paid for, and will be included in the sale.
The Inland Empire is a relatively competitive tanning market, however, this salon's strategic location has created significant barriers making it virtually impossible for an new entrants to succeed in this market.
New owners will likely realize continued growth in the coming year due to a recent change in the market's competitive dynamics. While this salon has been a success for years, new owners may consider the addition of a high end high-pressure tanning option that may be marketing at a premium price point to ensure they are extracting the maximum amount of revenues from their fiercely loyal existing client base. Contact for more information on this Tan Salon for sale.
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