Tanning Takeover Sba With $30k Down
Location Costa Mesa, California, United States
Asking Price Range < $250K
Gross Revenues $154131
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Inventory 60500
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This relatively new Costa Mesa tanning salon with high-end equipment is ideal for an owner-operator (who intends to work full-time and has stellar credit) who seeks to get into the indoor tanning industry for a cash outlay under $30,000. The salon boasts near perfect freeway access and extremely high street visibility. The sale includes high, medium and low pressure tanning beds, a stand-up tanning option as well as a customized spray tanning. The high traffic location offers patrons plenty of parking. Asking Price $30,000.
This. 1,380 square foot facility leases normally leases for $4,200 per month, however, the landlord has agreed to lower the rent to $2,100 per month until December 2009. The sale includes the take-over of $32,000 in equipment leases as well as a $160,000 SBA loan. All financial data provided assumes said a full-time working owner with the aforementioned loans paid off. Prior to loans being paid-off, the salon made approximately $44,000 in 2008. The Orange County tanning market is considered highly competitive due to the demographics of its population (which are ideal for indoor tanning).
This salon has all of the necessary ingredients for success - great equipment, a large shopping center with anchor tenants, plenty of parking, fantastic street visibility, the right tanning demographic, and convenient access. Once the outstanding equipment and SBA loans are paid off, this salon should become a highly profitable venture. New owners, however, may seek to add a spray tan booth tanning option. Contact for more information on this Tanning Salon for sale.
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
|
|
