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Tanning Salon For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $604493
Net Profit / Cash Flow $309154
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 4 - 5
Inventory 94000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This absentee run West Valley tanning salon has become a real earner with dominant market share in its geographically protected market. This salon, which is located adjacent to a major gym and enjoys excellent freeway access, boasts a comprehensive array of high, medium and low pressure indoor tanning beds and stand-up units, an ultraviolet free Mystic Spray tan spray booth as well as custom airbrush spray tan options.
Asking Price $599,000.
This highly spacious salon (with additional room to grow) leases at a favorable reduced lease rate on a secure long term lease, with two 5 year options. The salon has state of the art high, medium and low pressure tanning beds as well as ultraviolet light free spray tanning options that are fully paid off and included in the sale, and a remarkable 14,000 client database. The salon is powered by three 200 AMP electrical panels offering 600 total AMPS, and is kept cool via three 5 ton air conditioning units.
This facility's unique location provided it dominate market share in its protected market. Its location, coupled with its stellar service and equipment offering, its superior staff, and finally, its ability to accommodate another 5-6 indoor tanning beds provides it a sustainable competitive advantage over incumbent salons and prospective industry entrants.
This salon could potentially benefit even further from sales oriented full time working owners who could help insure the highest average dollar sale per client, while also potentially guaranteeing an unmatched customer service experience. While the salon is already firing on all cylinders so to speak, new management may seek to capitalize the on the spacious facility's vacant rooms via the addition of more tanning or service options such as massage service, hydrotherapy, photo facials, body wraps, endermology, reike, personal sauna's or other such complementary services.
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