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Asking Price:	$49,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Personal - Owner Relocating
Year Established:	1987
# of Employees:	1 (ownr) + 1 pt
Yearly Revenues:	$52,940
Yearly Cash Flow:	$TBD

Business for Sale Overview:

This 17 year old Burbank Salon is located in a busy shopping center in a popular area of Burbank. The Salon is very well laid out and decorated to provide clients a pleasant tanning and retail sales experience, and offers many options for growth. The current owner has recently refurbished the salon – the entire facility has recently been repainted, tile floors and new carpet have been installed. In addition, the owner has implemented a computerized customer tracking system, surveillance camera and has recently launched a company website.

Property Features and Assets:

This 985 square foot facility is located in a quaint shopping center on two main thoroughfares. The salon is divided into 8 rooms which house 1 stand up unit, 1 medium pressure bed, and 6 low pressure beds, with a retailing area and a restroom.

Market Competition and Expansion:

Competition in the Burbank area is considered medium to high. This firm, however, is one of the most established in the area. This salon has not engaged in any significant marketing activities in recent years. New owners will seek to place yellow page ads, coupon mailers to current and past clients, direct mail to new clients, reinstall marquee signage, etc. New owners will also seek to update the salon’s retail offering, and offer clients a Spray Tan Booth or hand held spray tan unit (both of which have had tremendous success in the area), and potentially other complimentary services such as massages, body wraps, etc. (for licensed persons). Additional equipment upgrades may provide an additional source of revenue growth.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.