Thousand Oaks Tanning Salon / Skin Care Established & Refurbished

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

Financials

Asking Price: $65,000
Cash flow: $24,300
Revenue: Not Disclosed
Gross Income: $70,000
Inventory: $500 - Included in the Asking Price
FF&E $60,700 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This well established Thousand Oaks tan salon has recently been completely refurbished and converted to a multi-functions tan salon and skin care facility. This salon is ideal for a working owner who is an esthetician or body wrap specialist who seeks to run their own operation. This salon offers clients a wide variety of all types of tanning beds, a 2005 Mystic Tan spray booth, and a brand new esthetician room which houses a facial table, a portable sink, sterilizer, an 8 in 1 machine, towel cabinet, and wax warmer. This simple operation is a perfect turn-key business for a working owner who seeks a low cost, smoothly run salon with a strong client base and growth potential.

Facilities:
The salon occupies 1,000 square feet with monthly rent of only $1,800 (1 year remains on lease with a 3 year option). The salon houses 4 lay down tanning beds 3/ with high pressure facials, 1 medium pressure stand-up unit, and 1 Mystic Tan Spray booth (installed in August 2005), and 1 fully outfitted esthetician room. As the current owner is absentee, this is a very simple turn-key operation for a new onsite owner.

Financing:
Owner May Consider

Support:
2 Weeks at 20 Hrs./Wk

Competition:
Competition in the area is considered medium to high, however, this well established salon boasts a 5,000 person client database.

Growth:
Current or prior management has not engaged in any form of marketing or advertising. New management will seek to heavily market the salon s Mystic Tan spray tan unit, as well as actively marketing the salon s variety of tanning options and newly introduced day spa services. Existing customers should be prompted to experiment with bed upgrades, to purchase lotions and moisturizers to enhance their tanning experience, or to use the facility for their facials, waxing, etc.. A working owner will naturally boost sales via their on-site presence.

General Information

Reason Selling: Personal

Number of Employees: 5
Year Established: 1995