High End Tanning Salon
Location California,United States
Asking Price Range < $250K
Gross Revenues $200162
Net Profit / Cash Flow $93983
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 4 - 5
Inventory 110000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This North County San Diego Tanning Salon was built out with a first class design, and equipped with a perfect mix of Ergoline's finest tanning beds. Located in a community rich with tanning's favorite demographics, the salon has experienced significant growth since opening in 2005. Conveniently located near a major intersection, this salon has plenty of parking, and a reputation for excellent service. This business should continue to produce healthy profit margins and maintain stable growth.
The salon is located in a 977 square foot facility with a monthly lease rate of $4,040 including CAM expenses. All of the business's assets shall transfer in the sale including 7 high end Ergoline tanning units, a new top of the line spray tan system, inventory, the name, furniture, fixtures, website and signage and goodwill.
Competition is considered medium as another salon exists close by, however this market's strong demographics have demonstrated a clear ability to support both businesses' successful operations.
Considering this business is only now beginning to capitalize on its potential, it still has plenty of room to grow. A new owner could enhance revenues by increasing direct marketing to the local community via coupons, mailers, door postings and car flyers (the current owner only uses passive marketing techniques such as yellow pages and internet). New owners may also seek to reduce payroll expenses by operating as a working owner, thereby increasing the level of service and support provided to customers, as well as aggressively up-selling tanning packages and promoting retail sales. Asking $220,000. Contact for more information on this Tanning Salon for sale.
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
|
|
