Ultra Modern Tan Salon
Location California,United States
Asking Price Range < $250K
Gross Revenues $166000
Net Profit / Cash Flow $23000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 4 - 5
Inventory 43000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Manager will train.
Reason for Sale Personal.
Description This Costa Mesa / Newport Beach Area tanning salon for sale likely occupies some of the best real estate available in one of the busiest shopping centers in the area. This well established salon, which has been in operations since the mid 1990s, offers its clients convenient access, an ultra-modern look, a varied array of medium to high pressure tanning equipment (including a stand-up unit), as well as a spray tan booth and a airbrush tan option for customized spray tans. This salon, which boasts a 400 amp electrical panel, should not need any renovations; rather, it will greatly benefit from an on-side owner operator's presents as it has been absentee run for over 1.5 years.
This approximately 1,000 square foot facility leases for $5,300 per month, on a lease valid until September 2011, with additional options to be negotiated upon transfer. All of the furniture, fixtures and tanning equipment are fully paid for and included in the sale, as is the fashionable build-out that would likely cost over $100,000 to replicate.
Orange County continues to be a highly competitive tanning market. This salon has experienced falling sales since its last change of ownership due to the current owners' absentee approach, coupled with their elimination of certain profit centers that may be reinstituted once again by a new buyer. A hands on, working owner will likely seek to heavily invests in sales, promotion and marketing via postcards to former clients as well as potential new clients in order return the salon to its former glory when gross revenues exceeded $300,000 per annum.
Asking Price $59,000.
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
|
|
