Upscale Temecula Area Tanning Salon & Spa
Location: California, United States
Category: Services
Type: Established
Asking Price: $270,000
Cash Flow: $115,408
Revenue: Not Disclosed
Gross Income: $284,000
Inventory: $500 - Included in the Asking Price
FF&E $150,000 - Included in the Asking Price
Real Estate: Not Disclosed
This very upscale salon and day spa is still relatively new to this booming community, and has come in with a splash! It is perfect for the absentee owner, a full-time working owner, and esthetician or a massage therapist. Located with fantastic freeway access, this salon is positioned to remain the dominant area salon for years to come in this rapidly growing area. This salon and spa boasts a total of 13 rooms, 10 new tanning beds including a stand up tanning option and a brand new Mystic Tan Booth, an office with offsite surveillance capability, and 2 rooms devoted to day spa services (1 with a shower).
Facilities:
This salon is housed in an upscale 2,200 SF facility with a monthly rent of $5,500 plus approximately $900 in CAM. The sale comes complete with approximately $150,000 of equipment (which will be fully paid off in the sale); the build-out, estimated to cost $170,000, will impress the most discerning eye.
Financing:
Not Offered
Support:
2 Weeks at 20 Hours/week
Competition:
There are naturally other salons in the area, however, both are much smaller, with a more rudimentary equipment and service offering. This salon should maintain a competitive advantage due to unique location with fantastic freeway access, its large size (no neighboring centers have such units available), and its diverse service offering which include low to high pressure tanning options, stand up and spray booth options, as well as massage and esthetician services.
Growth:
This salon has a solid customer base and has only begun to reap the benefits of its fantastic location, and new equipment offering. As this community contuse to grow at a break neck pace (there are 3,500 new homes being built in a neighboring housing project), this salon will continue to experience fantastic organic growth. Continued marketing, loyalty packages, EFTs (electronic fund transfers), and fantastic employees will help this salon maintain its status as the dominant player in the community for years to come.
Reason Selling: Personal
Number of Employees: 7
Year Established: 2005
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