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1st Class Tanning Salon for Sale

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Location

  • City Austin
  • State Texas
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?

1st Class High End Tanning Salon. This was a former franchise store that we took over and changed EVERYTHING for the better. Complete facelift, rebranding, store and retail conversion and customer satisfaction has never been better. Salon offers state-of-the-art tanning equipment, which includes 9 Sportareddo UV units, Mystic Tan sunless tan booth and Norvel airbrushing tanning system and room.
Tanning equipment is only 4 years old and has been maintained meticously. Salon has solid base of monthly recurring revenue, located in high traffic 100,000 vehicle per week area and is 1 mile from a brand new high school that just opened in August of 2009!
This Salon is known as one of the cleanest, professional and customer oriented tanning salons in Austin. As former customers before becoming owners, we understood what customers wanted in a tanning salon and created a salon where the tanning experience is all about, relaxation, pampering and enjoyment. Revenue's have increased 74% during our ownership due to automation of systems, wholesale changes to tanning packages & products sold, custom airbrush tanning and redesign of the salon. We also cross market with local businesses (fitness gyms and Day Spa's), sponsor local events and direct mail the local PMA. Email inquiry for additional details and let me answer your #1 question that is sure to come to mind - our goal was to turn this salon around and improve everything about it! In a down economy, we thought it would take longer but due to location, customer demographic and fantastic staff - our goals were achieved faster than expected. This is a GEM for someone looking for a good long term business and this salon is poised for long term revenue growth!!!!! Current asking price of $184,000 is anticipated B/E between years 3 and 4 - another fantastic attribute!
Interested parties email.

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