Business for Sale Overview:
This Brea Tanning salon takes in between $5,400 and $10,000 per month in recurring Electronic Fund Transfer (EFT) business alone. The 2,000 square feet facility offers tanning clients 13 rooms (some empty) with a wide variety of all levels of indoor tanning options, including a spray tan booth, stand up booths, and high, medium and low pressure lay down beds. The salon has the ability to double as a retail shop for boutique clothing and/or swimsuits, or potentially a partial day spa or hair care center.
This salon was completely renovated and rebuilt-out in 2006, with over $100,000 re-invested into the business to create a truly unique client tanning experience.
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:
This 2,000 square feet facility leases for $6,500 per month, on a lease valid until January 2011, with a 5 year option. The profits indicated assume that the $75,000 balance in equipment payments ($2,100 per month for 36 additional months) are paid off by the Seller in the sale. The Seller may consider a lower offer if the leases are assumed.
Market Competition and Expansion:
North Orange County continues to be a highly competitive tanning market. This salon currently has several significant potential long-term sustainable advantages over its immediate competitors, including a fantastic high-traffic intersection location.
This salon has all of the attributes necessary for success, included a solid equipment offering, a refreshing design and theme, and a good location with many options for modification. New owners may seek to add complementary services, but will likely seek to maintain status quo and continue to boost monthly EFT sales. A motivated full-time owner / operator will also likely see a higher average sales per client, resulting in greater profitability.
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.