Established Huntington Beach Tan Salon - Profitable

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

Financials

Asking Price: $100,000
Cash flow: $33,708
Revenue: Not Disclosed
Gross Income: $139,000
Inventory: $2,000 - Included in the Asking Price
FF&E $50,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This well established tanning salon has been a solid revenue generator in the Huntington Beach community for over 15 years. This business is located in an upscale commercial shopping center with a plethora of complementary neighbors, including nail and hair salons, a large fitness center, cafes, and retail stores. This sophisticated salon is primed for healthy future growth and offers new owners excellent opportunities for expansion.

Facilities:
This tanning facility occupies approximately 1,100 square feet of space in an excellent location with a low monthly rent of $1,550. The 10 room salon comes equipped with a wide variety of equipment, including a high pressure bed, a stand up unit, and number of low pressure tanning options.

Financing:
Not Offered

Support:
2 Weeks at 25 Hours/Wk

Competition:
Competition in the Huntington Beach area is considered high, however this salon has been a mainstay in the local area for over 15 years and has an established market.

Growth:
New management may seek to increase revenues via a variety of options. Options include the addition of a custom spray tanning option, a spray tan booth, skin care services, body wraps, and an expanded retail offering. IN addition, new management may seek to engage in an aggressive marketing campaign which may include a direct mailing to current and prospective customers, a revised advertising campaign, coupon mailers, and cooperative agreements with local gyms and complementary businesses.

General Information

Reason Selling: Personal

Number of Employees: 7
Year Established: 1991