New Tanning Salon With Ideal Location
Location California,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 4 - 5
Inventory 30300
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This Glendora tanning salon for sale, established in 2003, occupies an ideal location for a any indoor tanning operation to thrive in. This salon is ideal for a working owner that seeks a gorgeous facility to market, grow and capitalize on the built-in client base coming from the salon's many complementary neighbors. The salon boasts the requisite equipment mix of lay down high and low pressure beds, as well as a stand-up and a spray tanning option. Asking Price $90,000.
The business is located in an easy to access shopping center with ideal neighbors. The facility occupies 1,100 square feet and leases for $3,250 per month including Common Area Maintenance expense. The lease is valid until March 2013 with options to be negotiated upon sale.
Competition in the area is considered moderate, as Glendora has a great deal of student residents, as well as local residents and commuters who fit the ideal image-consciences tanning demographic.
This salon has never engaged in any major marketing activities and has never experienced the benefits of a working owner. The salon is located in an ideal location to cross promote its services, but does it does not actively do so. Further, this salon has not marketed a monthly automatic Electronic Fund Transfers (EFT) program to maximize revenues.
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