Tan Salon Next To A Major Gym
Location:
United States
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California
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Southern California - All Southern California
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Irvine
Industry: Hair and Beauty > Tanning Salons
Business Summary
This South Orange County Tanning Salon is not only rated as one of the best tanning salons in Orange County, but also enjoys a fantastic location next to a major gym and a brand new 40,000 square feet full service, newly opened, supermarket, located directly next to it, resulting in a substantial increase in new customer traffic.
This Tanning Salon has recently benefited tremendously from an $80,000 renovation & design remodeling by a well-known interior designer group, which is why it is perhaps one of the most attractive tanning salons in the country. Its 12 Tanning Bed line up has also been upgraded this year for a value of almost $100,000 to a world class level, featuring A Mystic Spray Tan, A Stand Up bed, and a Fleet of Brand New Ergoline High Pressure and Mid Pressure beds. All tanning rooms are professionally vented, and each provides clients over 100 Satellite Music Stations.
This business is located in a 1,500 sq. ft. facility that leases for $5,876/mo, with a lease valid until December, 2011 with 1 – 5 year option. Other fantastic features of the salon include: 1,500 square feet of space with great lease terms; A simple and successful monthly EFT system; A massive lotion storage room which currently stores over 200 lotions (capacity has been increased to over 1,000); Custom Air Brush Tanning; Energy Saving lighting and ventilation systems throughout; An excellent open store frontage; A professional, trendy website and marketing system; A brand new reception area and computer system.
A new owner may also evaluate the addition of complementary businesses such as body wraps, entomology, Lumiere facials, massage services, etc. provided they obtain landlord consent.
This opportunity is not available to co-broker. A Confidentiality Agreement and Buyer Profile indicating proof of ability to purchase will be required for all prospects to provide. Asking $288,000.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$222,545
Cash Flow:
$100,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $100,500
Seller Financing: No
About The Business
Year Established: 2000
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours per week.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Hair and Beauty > Tanning Salons business for sale.
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Print Listing Id: 70082162
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