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Business For Sale

N. Irvine Area Tan Salon- Next To A Major Gym!

N. Irvine Area, CA, USA

Services: Hair, Nails, Spas, Tanning

Asking Price:
Year Established:
Employees:
Listing Number:
$288,000
2000
4 part time
65764929
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$222,545
Not Disclosed
$100,000
Not Disclosed

Business for Sale Overview:

This South Orange County Tanning Salon is not only rated as one of the best tanning salons in Orange County, but also enjoys a fantastic location next to a major gym and a brand new 40,000 square feet full service, newly opened, supermarket, located directly next to it, resulting in a substantial increase in new customer traffic. This Tanning Salon has recently benefited tremendously from an $80,000 renovation & design remodeling by a well-known interior designer group, which is why it is perhaps one of the most attractive tanning salons in the country. Its 12 Tanning Bed line up has also been upgraded this year for a value of almost $100,000 to a world class level, featuring A Mystic Spray Tan, A Stand Up bed, and a Fleet of Brand New Ergoline High Pressure and Mid Pressure beds. All tanning rooms are professionally vented, and each provides clients over 100 Satellite Music Stations. The salon also boasts an Ultra-Lounge style customer seating area along with an excellent retail space, which showcases a great mix and variety of tanning lotions and complementary retail items. This opportunity is not available to co-broker. A Confidentiality Agreement and Buyer Profile indicating proof of ability to purchase will be required for all prospects to provide.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

This business is located in a 1,500 square feet facility that leases for $5,876 per month, with a lease valid until December, 2011 with 1 – 5 year option. Other fantastic features of the salon include: 1,500 square feet of space with great lease terms; A simple and successful monthly EFT system; A massive lotion storage room which currently stores over 200 lotions (capacity has been increased to over 1,000); Custom Air Brush Tanning; Energy Saving lighting and ventilation systems throughout; An excellent open store frontage; A professional, trendy website and marketing system; A brand new reception area and computer system.

Market Competition and Expansion:

Competition in the area is moderate as this region is considered a tanning hot spot, however, this salon’s location next to the area’s largest gym provide it a sustainable competitive advantage. As the salon has just been completely refurbished, and boasts top of the line equipment, few physical changes are necessary for growth. A new owner will seek to heavily invest in advertising via postcards, coupon mailers, and partnerships with adjacent gym or other local businesses. A new owner may also evaluate the addition of complementary businesses such as body wraps, entomology, Lumiere facials, massage services, etc.) provided they obtain landlord consent. The growing monthly EFT (automatic monthly payments) program should continue to be heavily marketed.

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

N. Irvine Area Tan Salon- Next To A Major Gym!
Business Listed By:
Ryan Clark
The Veld Group
contact the seller
Due Diligence Checklist and Guide
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