Business for Sale Overview:
This Bay Area Tanning Salon and Massage Studio is one of the most established in the area, and is the example that literally hundreds of other salons have attempted to emulate. The salon boasts a stellar record of strong sales, and has a highly loyal client following that is largely neighborhood based, providing the salon the luxury of little historical or potential future competition. The salon offers its clients a varied mix of late model tanning equipment from the leading manufacturers, including high, medium, low pressure as well as UV free tanning options from lay down, stand up and spray booth tanning units.
This salon’s unmatched location, storied history, training program, and sales consistency make this is a particularly attractive acquisition for industry entrants who seek a turn-key operation, or for the established operator seeking immediate market share in this coveted area with an operation that is already absentee operated.
Please note that it is necessary for all prospective buyers to fill out a Non-Disclosure Agreement as well a Buyer Profile not only indicating ability to purchase, but also identifying where funding will come from. Requests for specific data without such will not be entertained, nor will responses such as Not Applicable, Bank Loan (without indicating % down), or Investors. This opportunity is not available for co-broker at this time.
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 1,000 square feet facility leases for $5,800 per month, on a lease valid until October 2014, with a 5 year option. All of the high end furniture, fixtures and equipment are fully paid for, with a fashionable build-out (including a formidable electrical panel) that would likely cost over $150,000 to replicate.
Market Competition and Expansion:
The Bay Area continues to be a thriving tanning market. As such it is competitive, however, largely due to high population densities it tends be location focused. As such, this salon enjoys significant barriers to entry for new competitors as it is the incumbent salon in a coveted area with limited opportunities for new competition. This salon already has all of the ingredients for success, as it has been a prosperous absentee run operation for nearly 15 years. New owners may seek to extract a higher average dollar sale via the addition of a fully high pressure tanning option, or they may seek to further expand the retail selection or service offering. Naturally, an aggressive marketing campaign targeting new residents, or renewing relationships with former clients may also pay large dividends. Finally, a working owner will realize tremendous savings in payroll expenses, while likely improving the already top notch customer service offering.
Reason for Selling:
Personal
Additional Details:
- The property is leased.
- The owner may be 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.