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Business For Sale
GLENDALE TAN SALON WITH GREAT FREEWAY ACCESS
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Asking Price: |
$49,500
USD USA Dollars
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Business for Sale Industry: |
Retail: Health, Beauty, Nutrition
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Reason for Selling:
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Personal |
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Year Established:
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1990 |
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# of Employees:
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3 part time / 1 full time (owner) |
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Yearly Revenues:
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$89,278 |
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Yearly Cash Flow:
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$41,208 |
Business for Sale Overview:
This is a fantastic opportunity to purchase a well established 920 square feet indoor tanning facility that has just been renovated, with fresh paint and decoration. The salon has excellent freeway access and is located in a very busy mall with high traffic neighbors. Included in the sale are four low pressure beds and a medium pressure stand up tanning unit. The salon used to have a popular Spray Tanning Booth, however it was eliminated by the former owner leaving a potential revenue opportunity for a new owner to add customized airbrush spray tanning. The only equipment on lease is the stand up unit, which will be paid off in the sale.
Property Features and Assets:
The 920 square feet facility rents for $1,600 per month, with the lease up in October, 2009 with options to be negotiated. This sale includes 4 low pressure tanning beds as well as a new medium pressure stand-up tanning unit. 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 Electronic Fund Transfers, partner with local businesses, send direct mail to current, potential and former clients, etc. New owners may also seek to evaluate the benefits of adding a customized airbrush tanning option, or high pressure tanning option.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be 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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