San Francisco Area Tanning Salon – Multi-Locations

San Francisco, CA
San Francisco County


Asking Price: Annual Revenue:
$279,000 $583,981

Services: Hair, Nails, Spas, Tanning


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RE: San Francisco Area Tanning Salon – Multi-Locations Broker: Ryan Clark

Quick Facts

Asking Price: $279,000
Annual Revenue: $583,981
Net Profit: Not Disclosed
Cash Flow: $144,011
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 10
BBN Listing #: 19554929
Broker Reference #: SF8Tan

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Business Overview:

This well-established multi location indoor tanning salon chain boasts prime San Francisco locations with attractive rent in popular residential areas. Each salon boasts a variety of low, medium and high pressure lay down and stand-up tanning units, as well as UF Free custom airbrush spray tan options.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

The locations range from 1,300 square feet at $5,500 per month on a new 5 year lease with a 5 year option, to 2,500 square feet that leases for $5,300 on a new 5 year lease with options to be negotiated in the sale. All of the furniture, fixtures, equipment and goodwill are fully paid off and will be included in the sale. $500 in retain inventory, per location, will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

While competition exists throughout the city, these salons boast neighborhood-based locations that provide convenient customer access for local residents and commuters alike. Due to the brand being established in the early 1990s, these tend to be incumbent and mature locations that have amassed a tremendous following over the years while the high visibility storefronts ensure top of mind awareness for new and returning customers. New operators may take the locations in any number of directions. They may wish to enhance the service offering, revisit the pricing strategy or bolster the retail location. They may even choose to convert some of the rooms to alternate complementary services or sublet let to applicable service providers such massage therapists, reiki or colonic practitioners, estheticians or install infrared saunas, etc.

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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