Premiere Tan Salon - Mega Earning Potential
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $624928
Net Profit / Cash Flow $327291
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2000
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Manager will train.
Reason for Sale Personal.
Description This is the first time this tanning salon, which is likely the San Fernando Valley's leading location and potential profit producer, has been offered for sale! If you have ever sought to enter the tanning industry in a big way, this is your opportunity. With convenient access to several major freeways, this salon is so conveniently located that a Los Angeles operator can manage or work at the location without commuting concerns. The salon boasts some of the industry's best high pressure beds, a formidable mix of medium and low pressure units, as well as a variety of spray tan options. As this salon is completely absentee run, it is literally a turn-key business opportunity that will require little or no modifications upon change of possession.
Asking Price $650,000.
Please note that it is necessary for all prospective buyers to fill out a Non-Disclosure Agreement as well a Buyer Profile not only indicating ability to purchase, but identifying where funding will come from. Requests for specific data without such will not be entertained, nor will responses such as Not Applicable, Bank Loan (without indicating % down), or Investors. This opportunity is not available for co-broker at this time.
This 1,625 square foot facility leases for $ 7,755 per month, on a lease valid until 2010 with a 5 year option. All of the very high end furniture, fixtures and equipment will be fully paid off in the sale, with one of the most impressive build-outs in the Greater Los Angeles Area.
This salon offers its clients a truly first class tanning experience. Its stellar equipment and customer service offering are unmatched in the area, however, the salon can still benefit from a more involved owner's participation in staffing and sales. With a few minor adjustments to expenses and the salon's operational structure, this salon is the mega-earner that local salon buyers have sought for years.
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