Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$75,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Personal
Year Established:	1990
# of Employees:	1
Yearly Revenues:	$99,000
Yearly Cash Flow:	$40,064
Yearly Net Profit:	$5,264
Monthly Payroll:	$35,000

Business for Sale Overview:

This very classy tanning salon is ideal for a working owner who is also a service provider. The facility is located in a high end shopping center with excellent street visibility and complementary neighbors. The salon, established in 1990, offers a new owner 3 empty rooms available for facials, massage, or other related services (no hair, nails, waxing, or medi-spa services). The salon is very spacious, clean and well designed. This salon’s signage and prime location offer a new owner a plethora of opportunities for expansion.

Property Features and Assets:

This very classy tanning salon is ideal for a working owner who is also a service provider. The facility is located in a high end shopping center with excellent street visibility and complementary neighbors. The salon, established in 1990, offers a new owner 3 empty rooms available for facials, massage, or other related services (no hair, nails, waxing, or medi-spa services). The salon is very spacious, clean and well designed. This salon’s signage and prime location offer a new owner a plethora of opportunities for expansion.

Market Competition and Expansion:

Competition in the Beverly Center Area is considered very high, as it is at the epicenter of the modeling and acting industries, and a highly image conscience community. Several avenues for growth are available to new owners. New management will seek to lease the three vacant storage rooms, (the owner seeks to lease back one room at $300/mo), or potentially add massage, facials, body wraps, photo-facials, customized spray tan, or other services which may gain landlord approval. They will also seek to potentially upgrade some of the equipment, while engaging in an aggressive marketing campaign as the current owner relies on passive advertising (drive by traffic and a yellow page ad).

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.