Business For Sale

Highly Profitable Glendale Area Tanning Salon

Glendale, CA
Los Angeles County


Asking Price: Annual Revenue:
$376,000 $391,831

Services: Hair, Nails, Spas, Tanning


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RE: Highly Profitable Glendale Area Tanning Salon Broker: Ryan Clark

Quick Facts

Asking Price: $376,000
Annual Revenue: $391,831
Net Profit: Not Disclosed
Cash Flow: $134,888
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 8
BBN Listing #: 86894929
Broker Reference #: FilmTan

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Business Overview:

This highly profitable Glendale area indoor tanning salon is entirely absentee operated, and boasts a varied array of low, medium and high pressure equipment as well as stand-up, and UV free spray booth and custom airbrush options. The well-established salon is quite spacious and still has room to grow!






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Property Features and Assets:

This 2,174 square foot tanning salon leases for approximately $6,505 per month, on a new five year lease. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale.

Market Competition and Expansion:

While competition exists, this well-established venue is an incumbent salon in the area so it is considered to be both mature as well as well stable –as it has withstood the opening of other new locations over the years. As the salon is absentee operated it could potentially substantially benefit from a sales oriented full-time working owner who could replace some staff and minimize double shifts, while simultaneously ensuring the highest average ticket sale and stellar customer service. As with any salon, a new operator will also wish to maximize the number of clients that are on an automatically recurring electronic fund transfer program to ensure the stability of revenues during the slower indoor tanning seasons, while also maximizing customer retention.

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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