Business for Sale Overview:
This well established Monrovia salon has recently had $40,000 in facility upgrades – including new floors, molding, paint, etc. The salon offers clients low to medium pressure tanning options, including a stand up unit and spray tan booth. This simple operation is ideal for a working owner who may also seek to provide esthetician or massage services, or for a non-working owner who seeks a stable, turn-key smoothly run salon.
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:
The salon occupies 1,050 square feet with monthly rent of $3,250 (lease until 2009 with potentially 1 - 5 year option). The salon houses 7 2000 – 2002 lay down tanning beds, 1 2004 model medium pressure stand-up unit, and 1 2004 model spray booth.
Market Competition and Expansion:
Competition in the area is considered medium to high, as competitors have entered the area in recent years, however, this quaint well established salon boasts a fantastic reputation and a strong current and historical client database.
New management will likely be an owner / operator who is a service provider for esthetician, massage, body wrap, etc. services. New owners will also seek to invest in aggressively marketing the salon to historical, current, and potential new clients.
New owners shall prompt customers pay for bed upgrades, and be conditioned to purchase lotions and moisturizers to enhance their tanning experience. A working owner will naturally boost sales via their on-site presence, and may seek to rent out rooms for massage or esthetician services (assuming this is allowed in the lease).
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.