Tanning Salon - Favorable Rent, Turnkey
Location California,United States
Asking Price Range < $250K
Gross Revenues $154000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This attractive Alta Loma tanning salon boasts all of the essentials - a Mystic Tan spray tan booth, a medium pressure stand up unite, a high pressure tanning bed, and a variety of lay down tanning units, and 3,400 clients. The facility is located in a busy shopping center with a major anchor tenant, but lacks the absurd rents that some landlords in the area seek. With unique features such as a surveillance system that allows for salon monitoring from home or on the road, this salon was designed for the absentee owner seeking a low maintenance, turn-key operation. Alternately, working owner will likely boost sales while ensuring a superior customer service offering.
This 1,200 square foot facility leases for $2,500 per month including CAM, on a lease ending this year, but with a 5 year option to be exercised at the same rate (plus a small cost of living increase). The center has excellent freeway access, great visibility from a major throughway, and plenty of parking. All of the tanning equipment, including high pressure, low pressure, and spray tan options, are already fully paid off.
The Inland Empire is a relatively competitive tanning market, however, this owner has a relatively low cost location with excellent freeway access that helps ensure the salon's continued success.
New owners will likely seek to maintain the same equipment mix and service offering, with the potential additional of customized spray tans. A working owners present will likely increase the average dollar sale, while aggressive marketing, particularly to the gym crowd (there is a major gym nearby) will help ensure the business continues to maintain existing or even convert new clients. Contact for more information on this Tanning Salon for sale.
Asking $85,000. Seller will carry 20%.
Click Here To Contact Seller
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