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Asking Price:	$220,000 USD USA Dollars
Business for Sale Industry:	Services: Hair, Nails, Spas, Tanning
Reason for Selling:	Personal
Year Established:	2005
# of Employees:	4 part time
Yearly Revenues:	$200,162
Yearly Cash Flow:	$93,983
Monthly Payroll:	$3,000

Business for Sale Overview:

This North County San Diego Tanning Salon was built out with a first class design, and equipped with a perfect mix of Ergoline’s finest tanning beds. Located in a community rich with tanning’s favorite demographics, the salon has experienced significant growth since opening in 2005. Conveniently located near a major intersection, this salon has plenty of parking, and a reputation for excellent service. This business should continue to produce healthy profit margins and maintain stable growth.

Property Features and Assets:

The salon is located in a 977 square feet facility with a monthly lease rate of $4,040 including CAM expenses. All of the business’s assets shall transfer in the sale including 7 high end Ergoline tanning units, a new top of the line spray tan system, inventory, the name, furniture, fixtures, website and signage and goodwill.

Market Competition and Expansion:

Competition is considered medium as another salon exists close by, however this market’s strong demographics have demonstrated a clear ability to support both businesses successful operations. Considering this business is only now beginning to capitalize on its potential, it still has plenty of room to grow. A new owner could enhance revenues by increasing direct marketing to the local community via coupons, mailers, door postings and car flyers (the current owner only uses passive marketing techniques such as yellow pages and internet). New owners may also seek to reduce payroll expenses by operating as a working owner, thereby increasing the level of service and support provided to customers, as well as aggressively up-selling tanning packages and promoting retail sales.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not 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.