Business For Sale Listing 155576
Rancho Cucamonga Area Tanning Salon
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
This well established Rancho Cucamonga area tanning salon, with a highly successful recurring monthly EFT (automatic electronic fund transfer) that boasts over 200 customers, has just been recently refurbished and upgraded. This entry level business is perfect for a working owner who seeks to run their own operation, and learn the ins and outs of the tanning industry from an experienced operator. The salon offers customers a variety of lay down tanning beds, 2 – 3 brand new units, and 3 beds that are 2004 models with high pressure facials, as well as a variety of lotions and swimwear. This salon is located in a busy, high traffic shopping center with a large grocery store as an anchor tenant, and a nearby hair and nail salon, and day spa.
This salon occupies an 850 square foot space with a monthly rent of $3,236; its lease comes with 1 five-year option. The facility comes equipped with 2 storage rooms, a bathroom, a vanity area, 2 A/C units, and a 4,000+ person database. This salon is equipped with 3 entry level bed as well as 3 late model “upgrade” beds with high pressure facials. The facility also allows a new owner the opportunity to convert an extra storage room.
Competition in the area is considered medium to high as the Inland Empire has a dense population of tanners. This salon, however, has fantastic freeway access and is the most established in the area.
There are a number of options for organic as well as managed growth for a new owner. This salon will greatly benefit from the addition of a customized (hand held) spray tan option, a spray tan booth, and/or a high pressure bed. In addition, aggressive advertising in local publications, direct marketing to current and prospective clients, and coupon alliances with neighboring businesses are additional options for growth. New management will also seek to expand the current service or product offering.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($102,262) |
| Profits: |
Under $100 Thousand ($11,747) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Less than $100 Thousand ($29,000) |
