Tanning Salon For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $202832
Net Profit / Cash Flow $69618
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
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 Rancho Cucamonga area tanning salon, which is likely the most established in the area, is firing on all cylinders with respect to its ideal location, its freeway access, its customer parking and its varied service offering. This salon provides its client the best in late model high, medium and low pressure indoor tanning beds and stand-up units, as well as a custom airbrush tanning option. In addition, the salon has established a formidable electronic fund transfer to provide its owners a steady monthly recurring revenue base, while allowing its customers a hassle free payment plan. To complete its full suite of customer service offerings this salon also offers its loyal customers day spa services, body wraps and massages.
Asking Price $95,000. Seller with carry $40k with $55k down
This 2,000 square foot facility leases for $6,500 per month including CAM on a lease valid until June 2017. All of the salon's furniture, fixtures and equipment are owned and will transfer in the sale. One bed lease has a $20,000 balance with monthly payments of $714 for 2.5 yrs. This lease may be assumed by a buyer or paid off in the sale.
This salon's coveted location with fantastic freeway access, an oversize parking lot and complementary neighbors will likely provide it a good deal of protection from increased competition for some time.
New owners will seek to continue with the business model that has served this salon so well for over 5 years. That said, they will seek to continue to bolster the automatic electronic fund transfer program, while launching an aggressive advertising and marketing campaign to further solidify the loyalty of existing and former customers, but also to introduce the salon and its varied services to new clients. Contact for more information on this tanning salon for sale.
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