Fullerton Tanning Salon – Profitable Turnkey Loc.!

Fullerton, CA
Orange County


Asking Price: Annual Revenue:
$95,000 $193,296

Services: Hair, Nails, Spas, Tanning


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RE: Fullerton Tanning Salon – Profitable Turnkey Loc.! Broker: Ryan Clark

Quick Facts

Asking Price: $95,000
Annual Revenue: $193,296
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 4
BBN Listing #: 35964929
Broker Reference #: FullerTan2

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Business Overview:

This is an ideal starter salon for the owner-operator that is an industry entrant seeking a relatively turnkey operation or for the passive investor seeking to enhance their cash flow with little hassle, in a location that has been established for over 30 years, has 6 colleges located within a 5 mile radius, and whose gross revenues have grown an amazing 30% year over year! The salon offers its loyal patrons an array of indoor tanning equipment including lay down beds, stand-up and custom airbrush spray tan options. This salon provides its clients a formidable retail selection that a new owner may expand as well as a convenient automatic electronic fund transfer payment plan that provides the salon stable recurring revenue base.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This 1,400 square foot facility leases for $3,300 per month including common area maintenance expense (CAM) on a new 5 year lease. All of the salon’s furniture, fixtures and equipment are owned and will transfer in the sale. Approximately $1,000 in retail inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

Orange County is a competitive market for indoor tanning. That said, this salon has been established for over 30 years and is considered the incumbent indoor tanning option in an area with very little competition, yet active college communities. The salon could tremendously benefit from a full-time working owner replacing the general manager to ensure top quality sales and customer service. New owners may seek to evaluate the addition of a high pressure tanning option, the implementation of services such as body wraps, photo facials or massage, or consider expanding or modifying the retail offering. New management may also wish to invest in an aggressive advertising and promotion campaign to maintain top of mind awareness with former customers or it introduce it to new area students and residents.

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.

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