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Businesses For Sale > Business For Sale in Los Angeles, California (CA)

Beverly Center/Grove Area Tanning Salon w/A+ Location & Fantastic ROI! for sale in Los Angeles, CA

Los Angeles, California (CA)

Asking Price: Gross: Cash Flow:
$ 218,000 $ 376,000 $ 114,000

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 1,000 (not included in the asking price)

Business Summary:
This Beverly Center / Grove Area indoor tanning salon boasts one of the most recognizable, professional locations in the area. The salon offers is clients a stellar array of top of the line tanning equipment including a $42,000 (when new) high pressure bed, a medium pressure stand-up unit, a Mystic Tan spray tan booth (with 2 solutions offered), and a varied array low pressure tanning beds.

 

   
Year Business was Established: 1985
   
Number of Employees: 5  
   
Facilities / Terms of Lease: This salon is located into a first class facility. As such, its lease rate is $9,000 per month (including CAM) for 1,130 square feet, on a lease until 2014 with options to be negotiated upon sale. All of the salon’s furniture, fixtures and equipment are paid for and will be included in the sale  
   
Potential Growth/Expansion: This salon will be an ideal location as a new location for an existing chain that seeks a dominant location, an absentee owner who can appoint an entry level assistant manager, or a working owner who seeks to maximize their return on investment, and potentially fully recoup their investment in only 2 years! In any scenario, a new owner should engage in an aggressive marketing plan upon transition to immediately further boost sales.  
   
Competition: The Beverly Center / Grove area remains a highly competitive indoor tanning market. This location, however, tends to attract a slightly different type of client than its competitors.  
   
Owner willing to finance: Not Offered`  
   
Owner willing to train: 2 wks at 20 hrs/wk  
   
Reason for selling: Personal  
   
Seller Reference Number: SBeachLBC
BusinessMart.com Listing Number: 71435
 

 

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For more info contact:

Ryan Clark

The Veld Group
310-652-8353

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