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Business For Sale

GLENDALE TAN SALON WITH GREAT FREEWAY ACCESS

Attn: Ryan Clark
Glendale, CA, USA
Listing Number: "Glend Tan"
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Asking Price: $49,000 USD USA Dollars
Business for Sale Industry: Services: Hair, Nails, Spas, Tanning  
Reason for Selling: Personal
Year Established: 1987
# of Employees: 2
Yearly Revenues: $114,628
Yearly Cash Flow: $34,977
 

Business for Sale Overview:

This is a fantastic opportunity to purchase a well established 920 square foot indoor tanning facility with ideal freeway access. The salon is located in a very busy mall with high traffic neighbors. Included in the sale are four low pressure beds, a new medium pressure Stand up Unit.


Property Features and Assets:

This sale includes 4 low pressure tanning beds, as well as a new medium pressure stand-up tanning unit. The 920 square foot facility rents for $1,600 per month, with the lease up in 11/06, plus a five year option (which may potentially be renegotiated). In addition, there is a new washer and dryer on premises.


Market Competition and Expansion:

Competition is deemed to be moderate by industry and area standards. This business is located in a busy complex in a popular tanning area. New owners may seek to expand retail product offering, implement a loyalty program, offer monthly Electron Fund Transfers, partner with local businesses, send direct mail to current/potential clients, etc. New owners may also seek to evaluate the benefits of adding a high pressure lay down tanning option.


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 a distressed business or bankruptcy situation.

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