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Business For Sale
GLENDALE TAN SALON WITH GREAT FREEWAY ACCESS
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Asking Price: |
$49,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hair, Nails, Spas, Tanning
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Reason for Selling:
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Personal |
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Year Established:
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1987 |
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# of Employees:
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2 |
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Yearly Revenues:
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$114,628 |
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Yearly Cash Flow:
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$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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