Established Covina Tanning Salon Terrific Growth Potential
Location: California, United States
Category: Services
Type: Established
Asking Price: $55,000
Cash Flow: $49,170
Revenue: Not Disclosed
Gross Income: $96,653
Inventory: $300 - Included in the Asking Price
FF&E $15,000 - Included in the Asking Price
Real Estate: Not Disclosed
This very well established Covina tanning salon is a great starter business for the up and coming entrepreneur or experienced tanning salon owner. With a low monthly rent of $1,200 and a solid regular client base, this salon is a low risk option for new entrants to the industry that seek to work the salon themselves, and potentially upgrade equipment.
Facilities:
This salon is located in a heavily trafficked shopping center near a busy anchor tenant. Included in the sale are 4 entry level low pressure beds, 1 more advanced low pressur bed, a Stand Up tanning unit, and retail inventory and furniture.
Financing:
Not Offered
Support:
2 Weeks at 20 Hours/week
Competition:
Competition in the area is considered moderate to high in this area.
Growth:
New owners may potentially enhance revenues via the additional of a hand held spray tan option, or potentially a spray tan booth, a medium to high pressure tanning bed, or the expansion of the retail offering. Further growth may be experienced with aggressive marketing efforts such as tanning promotions, direct or coupon mailing, advertising alliances with nearby fitness centers and nutrition stores, etc.
Reason Selling: Personal
Number of Employees: 1
Year Established: 1999
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