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Businesses For Sale   >>   Los Angeles Businesses For Sale   

West Hollywood Tanning Salon With Parking

Location  Los Angeles, California, United States
Asking Price Range  < $250K
Gross Revenues  $75156
Net Profit / Cash Flow  $7175
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2013
Number of Employees  4 - 5
Inventory  20000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  2 weeks at 20 hours/week
Reason for Sale  Personal

Description  
This West Hollywood tanning salon boasts one of the area's most established and recognizable locations. The convenient location has an onsite parking lot, and is easily accessed by foot by many West Hollywood residents. The salon offers its loyal patrons both low and medium pressure lay down and stand-up tanning options, as well as a custom airbrush spray tan option. Asking Price $78,000 This roughly 1,000 square foot facility leases for $3,260 per month on a lease until 2016, with options to be negotiated in the sale. All of the furniture, fixtures and equipment are owned and will be included in the sale. Roughly $500 in lotion inventory will be sold at cost at close. Competition is inevitable in this busy and desirable area of West Hollywood, however, this well established salon is an area incumbent that offers its customers onsite parking. This business could benefit from a more detailed website, a more aggressive Facebook advertising and marketing program, and may wish to consider the implementation of a popular Versa Spa or Mystic Tan spray booth, or a high pressure tanning option. New owners may also wish to consider offering complementary services such as infrared therapy, body wraps, a sauna, massage, etc.


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