Chino Hills Tan Salon - Unbelievable Price!
Location: California, United States
Category: Services
Type: Established
Asking Price: $49,000
Cash Flow: $24,000
Revenue: Not Disclosed
Gross Income: $115,250
Inventory: $200 - Included in the Asking Price
FF&E $60,000 - Included in the Asking Price
Real Estate: Not Disclosed
This salon is being offered for less than the value of its assets! The sale comes complete with a $35,000 high pressure 2003 tanning bed, a 2002 Mystic Spray tan unit, a 2005 medium pressure Stand up unit, as well as 6 low pressure tanning beds from the mid 1990s. As this salon does approx. $115,000 in gross revenues, it is the ideal situation for a full time working owner and/or family, or for an owner who seeks to expand the service offering (e.g. manicures, retail products, etc. w/the landlord's consent).
Facilities:
This 8 room salon is located in an easy to access 1,500 sq. ft. facility. Monthly rent is $2,955 on a lease that expires in June, 2010.
Financing:
Support:
2 weeks at 20 hrs/wk, or as necessary
Competition:
This area has become increasingly competitive, however, this salon has a loyal client following
Growth:
The salon could benefit a great deal from Marketing, and partnerships with local businesses; New owners may also seek to revitalize the facility, and potentially expand the service offering (e.g. manicures, retail products, etc. w/the landlord's consent).
Reason Selling: Retirement
Number of Employees: 2
Year Established: 1992
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