Tanning Salon - Prime Beverly Center Location
Location California,United States
Asking Price Range < $250K
Gross Revenues $152048
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 6 - 9
Inventory 100500
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Personal.
Description This completely refurbished absentee operated tanning salon is located in one of most coveted areas of West Hollywood, close to the prime Beverly Center, Grove, Santa Monica Boulevard and Melrose Shopping Areas. The salon boasts unbeatable street visibility and enjoys ideal neighbors that help ensure steady foot traffic to the location. The salon, which has just had $33,000 invested in facility renovation s and equipment upgrades, offers its distinguishing client base a wide array of tanning beds ƒ? including high, medium and low pressure lay down and stand-up beds, a spray tan booth as well as custom airbrush. As this salon is an absentee owned, turn-key operation, a new owner will benefit from the seller's substantial investment.
This classy 1,000+ sq. ft. salon is located in a busy center with fantastic street visibility and complementary neighbors. The space leases for $3,300 on a lease with a negotiable term. Much of the equipment has been refurbished, the salon's image (branding and marketing material) has been completely revamped, and the facility's infrastructure (plumbing, electrical, etc.) has been upgraded.
New owners may seek to enhance revenue growth via the implementation of automatic monthly EFTs (Electronic Fund Transfers) as current management has yet to roll-out this lucrative pricing strategy. A working owner will seek to ensure that all salespersons are sales conscience and trained in selling indoor tanning packages and retail products. Additional gains may be experienced via aggressive marketing efforts such as a continuous direct mail program to the salon's 9,000 historical clients, cooperative agreements with nearby businesses, mailers to local target customers, and even hand delivered flyers or coupons from the salon's uber-attractive staff. Asking $99,000. Contact for more information on this Tanning Salon for sale.
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