North County San Diego Coastal Tanning Salon

Listing ID: 700259613

Listing Title: North County San Diego Coastal Tanning Salon

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Industry: Hair and Beauty

Industry Segment: Tanning Salons

Country: United States

State / Province: California

Area Southern California - San Diego Area

City: San Diego

Asking Price Range: < $250K

Gross Revenues: $194,080

Cash Flow: $21,117

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2011

Number of Employees: 4 - 5

Business Description:
This North County coastal tanning salon and spa is located in one of San Diego's favorite beach communities on a main street with prime street frontage. The salon offers a variety of UV and non-UV tanning options as well as complementary spa services. The facility includes a modern build out with a variety of top of the line, high-end tanning equipment. The business has continued to grow year after year with steady revenue increases. It is a perfect business for someone seeking a casual, lifestyle business, in a fun environment and great beach community. Asking Price $59,000 This 1,784 square foot tanning salon will lease for $7,200 per month on a lease that will expire in 2016 with one 5-year option. All of the business's furniture, fixtures and equipment will be included in the sale. The new owner has the option to reduce the facility size to streamline the total rent expense, which the owner feels would not adversely impact revenues. Competition is considered low as few other salons exist in the immediate area. The business has fantastic growth potential via several avenues. Since the revenues have increased each year since the salon's inception, a full-time working owner may reduce staffing costs while ensuring the highest average dollar ticket sale and excellent customer service. In addition, they may launch an aggressive marketing and advertising campaign, potentially reduce their facility expenses via streamlining the salon's footprint, or alternately, they may prefer to focus on the introduction of higher profit generating products and services.

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