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Business For Sale
SALON PRICED FOR QUICK SALE - S. SACRAMENTO AREA
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Asking Price: |
$210,000
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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1999 |
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# of Employees:
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3 |
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Yearly Revenues:
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$234,031 |
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Yearly Cash Flow:
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$93,883 |
Business for Sale Overview:
This semi-absentee owned South Sacramento Area Tanning “salon with a twist” is ideal for an absentee owner seeking a tried and true cash flow stream, or for an active owner-operator that seeks to oversee the operation, maximize the average ticket sale, and / or add complementary services to further bolster the bottom line. The salon, which has a 10 ton Air Conditioning Unit, and 2 electrical panels (400 amps and 100 amps), has the infrastructure to grow via the addition of more high pressure tanning units, or however a new owner saw fit.
Property Features and Assets:
This 1,771 square foot facility leases for $4,118 per month including CAM, on a lease until March 2011 with a 5-year option. The sale includes a wide variety of top of the line tanning equipment including a state of the art high-pressure bed, a medium pressure stand-up unit, and a variety of lay down beds. The facility improvements and equipment offering also provide management the ability to offer clients a unique retail opportunity, unlike that which is typically experienced in traditional salon operations. All of the equipment will be paid off in the sale, with the potential exception of minor leases (credit card terminals, etc.).
Market Competition and Expansion:
The greater Sacramento Area continues to be a bustling tanning community; however, South Sacramento does not find the levels of competition experienced in the Northern areas of the city. As this salon has a bit of a twist, it has somewhat separated itself from the traditional competition.
New owners may seek to consider the addition of a spray tan booth, or an increased focus on retail sales such as swim suits, sandals, etc. (landlord permitting). Owner-operators who are also service providers may consider adding complementary services such as body wraps, Luminarie facials, and other complementary services that do not require licensing (landlord permitting).
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.
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