Business For Sale

Business for Sale Overview:

This well established West Hills tanning salon has been and continues to be a local favorite. The spacious 2,000 square feet facility boasts more than 10 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 from neighborhood businesses, and those keeping physically fit in a nearby gym. The salon offers clients the convenience of automatic recurring monthly payments (EFTs - approximately $2,400 per month for $29,000- per year) but does not aggressively push tanning packages. Rather, they seek to consistently offer a straightforward quality offering at a fair price.

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 square feet facility leases for approximately $3,800 per month (including CAM) on a lease until October 2012, with options to renew to be negotiated. All equipment is fully paid for and will be included in the sale.

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 not 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:

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