Business Summary

Asking Price: $135,000
Gross Income: $259,647
Cash Flow: $54,730
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Real Estate: N/A
Established: 2991
Employees: 4

Business Description

This well established Irvine Area tanning salon is ideally situated in a somewhat protected location that boasts excellent freeway access, and is at the gateway to a high discretionary income residential area that boasts an ideal indoor tanning demographic. The salon is in a recently remodeled shopping center with 2 major anchor tenants on either side of the salon.

Detailed Information

Facilities: This 1,462 square foot facility leases for $6,008 per month on a lease with 1 year remaining, and options to be negotiated in the sale. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale.

Competition: While competition does exist, there is limited competition in the immediate vicinity due to the geography of this salon’s location. What’s more, since the salon has been established for 20+ years, it had developed a loyal client base that has provided it remarkably stable revenues through the years.

Growth & Expansion: While the salon has a varied array of medium and low pressure equipment as well as a Mystic Tan spray tan booth, it does not offers clients a premium high pressure tanning option or a custom airbrush spray tan option. New operators my wish to evaluate the addition of such offerings, while reviewing the salon’s overall staffing. Of course, this business could immediately benefit from the addition of a recurring monthly electronic recurring billing program (EFTs), while the presence of a sales oriented full-time working owner who could ensure a high average ticket sale while providing stellar customer service. New owners may also wish to evaluate the addition of a highly popular versa-spa spray tan booth

Support & Training: 2 Weeks at 20 hrs/wk

Reason for Selling: Personal

Property Details