Tan Salon - Near 78 Freeway
Location California,United States
Asking Price Range < $250K
Gross Revenues $109683
Net Profit / Cash Flow $42716
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 4 - 5
Inventory 49000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Other business ventures.
Description This North County San Diego tan salon for sale presents an aspiring operator an excellent opportunity to enter the tanning industry. This business has been operating for over 10 years at this location, in a sophisticated community with daily traffic counts exceeding 25,000 cars. The business would significantly benefit from a full time working owner who could provide customers an added personal touch. The salon and its equipment are in great condition, with most of the beds less than four years old. Asking Price $60,000.
The business operates from a 1,512 square foot facility with a lease rate of $2,458 per month (less than $1.75 per square foot including CAM). The sale includes 8 high end tanning beds and a stand up unit, furniture and fixtures, plus the leasehold improvements worth over $100,000.
Competition is considered medium as other salons exist in the area, however this has over 10 years at this location and a well known trade name. This business could generate additional revenues via additional marketing in local publications, direct mail to local businesses and residences, co-op marketing with other businesses in the center, direct mail to current and historical clients, and the addition of a Mystic or Magic spray tan system. Naturally, a full-time working owner will likely significantly increase the average dollar sale.
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