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Tanning Salon With Built-In Traffic
Location California,United States
Asking Price Range < $250K
Gross Revenues $139276
Net Profit / Cash Flow $27606
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 1 - 3
Inventory 25000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This well established and very spacious Moreno Valley tanning salon is the area's premier location for indoor tanning and spray tan services. The salon boast a varied mix of the latest tanning equipment geared to meet the needs of all levels of indoor tanners, including those who seek the most advanced high pressure tanning experience available or those who seek ultra-violet light free tanning in the luxury of an industry leading Mystic Tan spray booth. As the salon is absentee owned and operated, it can likely benefit from an onsite working owner who can not only ensure top quality customer service, but also aggressively sell the salons services and retail products.
Asking Price $50,000.
This very spacious 2,200 square foot facility leases for $3,827 per month including common area maintenance expense on a secure lease with a new term and new options to be negotiated in the sale. The salon is located in a busy shopping complex with ideal and highly complementary neighbors. All of the salon's furniture, fixtures and equipment are owned and will transfer in the sale, as will the salon's 20 year old customer database!
This is undoubtedly Moreno Valley's premier salon. As it boasts a loyal client base, a stellar location and a great equipment offering, it holds a distinct competitive advantage over other salons or any potential industry entrants.
New owners may seek to utilize the excess salon space to expand the salon's retail offering (e.g. bikinis, clothing, accessories), or to introduce landlord approved complementary services such as customized airbrush tan, body wraps, esthetician services, massage, hydro-massage, etc. New owner will likely seek to launch an aggressive marketing campaign to former clients as well as potential new customers.
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