S. Orange County Tan Salons - 3 Store Mini-Chain

Location: California, United States
Category: Services
Type: Established

Financials

Asking Price: $399,000
Cash flow: $103,000
Revenue: Not Disclosed
Gross Income: $417,000
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

This Southern Orange County 3 store chain is suitable for those that seek to operate a multi-location retail and service oriented enterprise, or for the individual buyers that seeks to acquire a single location. The stores have been in operation since 1986. In recent years, the owners have invested in new Mystic Tan units in each location, and modern Ergoline equipment to compliment the varied tanning bed options already available.

Facilities:
The 3 facilities range in size from 1,120 square feet to $1,450 square feet, and have leases ranging from $2.38 to $3.76 per square foot. All equipment will be paid off in the sale of any individual location, or the 34 store chain.

Financing:
Not Offered, but may consider

Support:
Owner will train for 2 weeks at 20 hours per week.

Competition:
Southern Orange County has always been a competitive tanning market.

Growth:
While this is a 3 store chain, each location has been more or less operated as a Mom and Pop location. As such a larger buyer may seek to stream line operations, whereas a single location buyer may likely seek to also implement customized spray tan options, body wraps, etc. or introduce esthetician oriented services.

General Information

Reason Selling: Retirement

Number of Employees: 18
Year Established: 1986