Starter Tan Salon With Excellent Equipment

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

Financials

Asking Price: $55,000
Cash flow: Not Disclosed
Revenue: Not Disclosed
Gross Income: $69,712
Inventory: $500 - Included in the Asking Price
FF&E $45,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This is an excellent opportunity to purchase a beautiful tanning salon with excellent equipment at a bargain price. This tanning salon was initially built to provide for spousal employment, but family expansion forced priorities in another direction. The salon is decorated with class and elegance, and includes top of the line Ergoline tanning beds, with a spray tan system. The salon has just under 3 years at its current location, and the recent shopping center renovations have made it primed for growth.

Facilities:
The salon is 1,100 square feet with a monthly lease of $1,650 (base rent of $1,350 plus $300 for CAM s) expiring in June 2008, with a five year option. The sale includes 7 rooms of built-rite walls, 6 Ergoline beds, a spray tan system, a washer & dryer, and various furniture and fixtures. The center has just recently completed a full make-over .

Financing:
Not offered

Support:
Seller train for 2 weeks at 30 hours per week

Competition:
Competition is considered medium-low as there is not a salon within the immediate area. This is the only tanning salon within the community.

Growth:
Many opportunities for growth exist. A new owner may increase advertising via direct mail, coupon mailer programs, pennysavers, business co-ops, as well as expanded retail offering.

General Information

Reason Selling: Other Business Ventures

Number of Employees: 3
Year Established: 2003