Tanning Salon High End / Great Location
Location: California, United States
Category: Services
Type: Established
Asking Price: $185,000
Cash Flow: Not Disclosed
Revenue: Not Disclosed
Gross Income: $133,253
Inventory: $1,000 - Included in the Asking Price
FF&E $200,000 - Included in the Asking Price
Real Estate: Not Disclosed
This high end tanning salon has yet to reach its potential. Fully equipped with top of the line Ergoline Tanning Beds, initial capital investment exceeded $300,000 for this business. The Seller s primary profession has prevented her from properly marketing and operating this beautiful salon. This salon is strategically located in a high traffic commercial center, surrounded by Starbucks, a major fitness center, and a leading department store, with plenty of parking, and a major freeway junction within one mile.
Facilities:
This facility has been equipped with industry leading beds manufactured by Ergoline, Sundash, and Mystic. The salon has 16 rooms, an office, a bathroom, a washer / dryer room, and a storage room. The sale includes 8 Ergolines Classic 300 s, 2 Ergoline Classic 450 s, 2 Ergoline Classic 600 s, 1 Ergoline High Pressure 600 Ultra, 1 Sundash 252 Stand-Up unit, and a Mystic Spray Tan System. The facility has 2,125 square feet, with a monthly lease payment of $4,718, including CAM.
Financing:
Not Offered
Support:
2 Weeks at 20 Hours/Wk
Competition:
Competition is considered medium for the area as another salon exists within 3 miles.
Growth:
Many growth opportunities exist, such as direct mail to local neighborhoods, partner discounts with local businesses, and long-term discount tanning packages. The current owner does not advertise directly to the many local businesses, corporations, and hospitals that surround the area, which could generate substantial additional income. Given the space available, new owners may also seek to implement body wrap services, facials (pending landlord approval), or offer an expanded retail selection.
Reason Selling: Personal
Number of Employees: 4
Year Established: 2002
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