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Tan Salons & Spas For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $479132
Net Profit / Cash Flow $117202
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1986
Number of Employees 4 - 5
Inventory 50500
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description These two well-established North San Francisco Bay Area tanning salons and spas are solid earners in each of their highly coveted markets. Each salon boasts top of the line Ergoline equipment with varied beds to meet each client's needs and all of the necessary accoutrements to remain the top earners in the area. With each salon semi-absentee owned, and managed by highly competent general managers, either or both of these salons are turn-key operations that an absentee buyer could smoothly transition into.
Asking Price $225,000.
These salons are priced to sell to the party who seeks a consistent cash flow and the ability to acquire both locations. The Sellers will not sell either location on its own. The larger Petaluma location occupies 1,700 square feet with 12 treatment rooms (with potential additional room to expand), while the Santa Rosa location has a well appointed 1,200 square feet with 9 treatment rooms. Monthly rent is $4,517 in Petaluma, and $3,195 in Santa Rosa.
Sonoma and Marin County are both ideal indoor tanning markets due to their unique demographic attributes. Both salons' clients tend to have high discretionary incomes, with residents that seek to take care of themselves and look their best. As such, competition exists; however, these salons are likely the top earners in their respective markets. Their strong client base, great locations, and comprehensive service and equipment offerings should provide each a long-term sustainable competitive advantage over the competition, while keeping any potential new competition out of the market!
These salons are ideal for either absentee owners who seek cash flow in a 'feel-good' industry, or for aspiring owner - operators who seek to manage the salons themselves, thus realizing tremendous expense saving via reduced payroll expenses. New owners may seek to consider the addition of even more complementary services or a slightly expanded retail offering.
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