Tanning Salon With Retail Space – Renovated
Location: United States -> California -> Southern California – All Southern California -> Redlands
Industry: Hair and Beauty > Tanning Salons
Businesses for sale Summary
This semi-absentee run tanning salon and retail operation has been completely renovated and is ideal for the salon operator that seeks to have a captive audience and ideal location from which to sell retail goods. This salon is located near a major gym, beauty shops, and a grocery store. The well established salon has been a proven earner for over 10 years, and has weathered the onset of new competitors with flying colors. All of the tanning equipment, which includes a plethora of lay down beds and a late model spray tan unit, are fully paid for and will be included in the sale, as well as the renovations and facility upgrades that have recently taken place. Please note that it is necessary for all prospective buyers to fill out a Non-Disclosure Agreement as well a Buyer Profile not only indicating ability to purchase, but identifying where funding will come from. Requests for specific data without such will not be entertained, nor will responses such as Not Applicable, Bank Loan (without indicating % down), or Investors. This opportunity is not available for co-broker at this time.
Asking Price $60,000.
This salon and retail operation occupies a roomy 2,500 square foot facility in a prime shopping location. The facility leases for approximately $3,761 per month with an additional $1,222 in monthly CAM expenses.
Competition is considered moderate to high in this college city, however, this salon has withstood an onslaught of new competitors and has remained highly profitable and will likely continue to due to its ideal gym adjacent location. The enormous facility has many opportunities for growth, particularly given is size, the availability of its retail sales space, and its diversity of tanning options. New owners will likely see to capitalize on the available retail space. Contact for more information on this Tanning Salon for sale.
Financials
Asking Price Range: < $250K
Gross Revenues: $184,993
Cash Flow: $69,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $40,500
Seller Financing: Not Disclosed
About The Business
Year Established: 1995
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Personal.
