Tanning Salon
Location California,United States
Asking Price Range < $250K
Gross Revenues $197325
Net Profit / Cash Flow $66705
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2001
Number of Employees 4 - 5
Inventory 81000
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 opportunity presents an aspiring operator an excellent opportunity to enter the tanning industry. With over 8 years in the community, this business has developed a stellar reputation for providing excellent service and giving its customers a first class tanning experience. The salon and the equipment are in very good condition, with most of the beds purchased within the last four years. Asking Price $150,000. The salon for sale is located in a 1,400 sq. ft. facility leases for $3,450 per month on a lease with 2 years remaining, a 5 year option, and the potential for options. The sale comes with all the necessary furniture, fixtures and equipment fully paid for, and included in the sale. Much of the equipment has recently been upgraded and includes one of the best mix of tanning equipment in the county.
Competition is considered medium as other salons exist in the area, however this business has been serving customers for over 8 years and has maintained a well known trade name with a reputation for quality service. With an already established 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, and direct mail to current and historical clients (as they currently do not offer or promote these services). Naturally, a full-time working owner will likely significantly increase the average dollar sale.
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