Established Mira Mar Tanning Salon
Location California,United States
Asking Price Range < $250K
Gross Revenues $117500
Net Profit / Cash Flow $33500
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1986
Number of Employees 4 - 5
Inventory 20500
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This well established tanning salon for sale is a perfect little business for the aspiring entrepreneur who seeks to enter the indoor tanning industry. Established for over 20 years and currently complete absentee operated, a new owner should be able to achieve significant revenue gains, improved customer service, and a much healthier bottom line profits. The seller is highly motivated and has priced the salon for an immediate sale; he will consider all reasonable offers.
Asking Price $25,000.
This 1,000 square foot facility leases for $2,500 per month including CAM. The sale includes 6 tanning beds, a high pressure stand-up unit, a spray system, as well as the furniture and fixtures and a new computer. Competition is considered medium as other salons exist in the area, however this salon is located at the entrance of a ''pocket'' community where no other salons exist. As this salon is the incumbent operator in the area, it has a formidable local client base that has remained loyal through the years.
The salon's revenues should be significantly enhanced via the benefits of a working owner. At present, the business is entirely absentee run, and perhaps a bit neglected. A working owner will seek to provide an improved customer service offering, a more aggressive advertising, marketing and sales approach including a focus on selling recurring monthly automatic memberships, and potentially an expanded equipment offering. Naturally, a working owner will also identify all of the potential areas in which to cut unnecessary expenses, while evaluating customers' interests in an expanded retail offering.
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
|
|
