Business Summary:
This Brea Tanning salon takes in between $5.4k and $10k per month in recurring Electronic Fund Transfer (EFT) business alone. The 2,000 sq. ft. facility offers tanning clients 13 rooms (some empty) with a wide variety of all levels of indoor tanning options, including a spray tan booth, stand up booths, and high, medium and low pressure lay down beds. The salon has the ability to double as a retail shop for boutique clothing and/or swimsuits, or potentially a partial day spa or hair care center. This salon was completely renovated and rebuilt-out in 2006, with over $100,000 re-invested into the business to create a truly unique client tanning experience.
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| Year
Business was Established: 2000 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
This 2,000 square foot facility leases for $6,500 per month, on a lease valid until January 2011, with a 5 year option. The profits indicated assume that the $75,000 balance in equip. payments ($2.1k/mo for 36 additional months) are paid off by the Seller in the sale. The Seller may consider a lower offer if the leases are assumed. |
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| Potential
Growth/Expansion:
This salon has all of the attributes necessary for success, included a solid equipment offering, a refreshing design and theme, and a good location with many options for modification. New owners may seek to add complementary services, but will likely seek to maintain status quo and continue to boost monthly EFT sales. A motivated full-time owner / operator will also likely see a higher average sale per client, resulting in greater profitability. |
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| Competition:
North Orange County continues to be a highly competitive tanning market. This salon currently has several significant potential long-term sustainable advantages over its immediate competitors, including a fantastic high-traffic intersection location. |
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| Owner
willing to finance:
Not Offered ... but may take over bed lease payments |
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| Owner
willing to train:
Owner will train for 2 weeks at 20 hours per week or as necessary. |
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| Reason for selling:
Personal |
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Seller Reference Number: BreaTan
BusinessMart.com Listing Number: 50083 |
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