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Home » Businesses For Sale » Health Clubs, Tanning Salons, & Spas » Los Angeles » Listing BFS-179148

Westwood Area Tanning Salon!

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Location

  • City Los Angeles
  • State California
  • 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?
  • Principals Only?
  • Willing To Co-Broker?

This gorgeous West Los Angeles / Westwood Area tanning salon likely occupies the most coveted location in all of Los Angeles, is being offered at an incredible price to ensure an immediate sale. The salon’s boasts some of the indoor tanning industry’s best high, medium and low pressure beds, automatic spray tan booths as well as customized spray tan options. Prior to the beginning of the economic downturn, this salon did over $700,000 in annual gross revenues!

This 2,100 square foot facility leases for approximately $ 6,200 per month plus an additional $2,000 per month in common area expenses. While the current lease has a number of years remaining, new tenants will most likely obtain a new lease, with any sought after options to be negotiated. All of the salon’s stellar equipment mix, and its high end build-out will be fully paid off in the sale.

The Greater West Los Angeles and Westwood Area is a highly competitive tanning market. Due to this salon’s dominant location, it has a natural sustainable geographic competitive advantage over existing competition. The well established salon has a built-in loyal client base.

This salon boasts all of the requisite equipment and facility improvements to return to its former annual gross revenues that exceeded $700,000 per annum. The salon will tremendously benefit from a highly motivated working owner, or an absentee owner with a sales and marketing orientation and expense management focus. This turn-key operation should require few adjustments to continue to prosper and is already poised for a smooth ownership transition.

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