Business for Sale Overview:
This Woodland Hills / Calabasas Area tanning salon that is now for sale is one of the most established in the area. The spacious 2,000 square foot facility boasts more than 15 high, medium and low pressure tanning units, a stand-up tanning bed, as well as a spray tan option. The salon has a very loyal following comprised of local residents, employees, and business commuters. The salon offers clients the convenience of automatic recurring monthly payments but does not aggressively push tanning packages. Rather, they seek to consistently offer a straightforward quality offering at a fair price. As such, there may be a great deal of opportunity for an aggressive new owner who seeks to upgrade the facility and its equipment and introduce a pricing schedule that’s geared toward commanding a higher margin on tanning services.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The 2,000 sq. ft. facility leases for approximately $4,100/mo (including CAM) on a lease valid until 2016. All equipment is fully paid for and will be included in the sale. The facility has 2 – 200 AMP panels and a wide variety of indoor tanning equipment.
Market Competition and Expansion:
Some competition does exist in the area, however, the market has been somewhat mature and stable over the past several years, providing for a steady cash flow with consistent margins.
New owners will likely seek to operate the salon themselves, and aggressively market to the local residential, business and student community as the current owner does no marketing. New owners may seek to evaluate the addition customized spray tan services, or a revised pricing strategy. The Buyer may also consider renovating the facility and adding complementary services such as body wraps, photo-facials, or massage services.
Reason for Selling:
Personal
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.