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Businesses For Sale   >>   Tanning Salons Businesses For Sale

26 Yr Old Tanning Salon 4 Sale

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $300
Net Profit / Cash Flow  $162
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1982
Number of Employees  1 - 3
Inventory  $170,000 cost (owned free & clear).
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks.
Reason for Sale  Retirement.

Description  
Family-operated business for 10 years, and asking $325k. Last year's annual cash flow was $162k. Mother wants to retire, and other members want to pursue other interests. The facility currently leases 2,300 SF for $1.40/SF which is 50% under market for similar Ventura Blvd properties, and is located in a popular beauty & fitness shopping center with a corporate gym. Sufficient parking is available, including a valet during rush hour. We have 17 tanning beds with state-of-the-equipment which is owned free & clear. The business is debt-free. 2007 annual cash flow was $162k based on $300k in sales. Very high margins, and easy-to-run business with over 16,000 customers including Hollywood's A-list celebs. Seller will train for 2 weeks. Email or call Gene at 818-807-5502 for more details for this Tanning Salon for sale.


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