Asking Price:

$99,000

Gross Income:

$177,180

Cash Flow:

$88,278

FF&E:

$25,000.00 *

Inventory:

$300.00 *

Real Estate:

N/A

Year Established:

2005

Employees:

3

Business Types:

Beauty Salons, Barber Shops
Other Personal Services

* included in the asking price

Business Description

This well-established San Francisco tanning salon is ideally
priced for the working owner who seeks a fantastic return on
investment, or for the entrepreneurial buyers who seek to hire
a supervisor and reap the benefits of a low hassle, feel good
potentially absentee owned income stream. The salon, which
has been a neighborhood favorite for years, provides its loyal
client base an array of top quality ultraviolet and spray
tanning equipment including a low and medium pressure lay
down and stand-up tanning options, as well as a spray tan
booth and additional services that offer complementary
cosmetic benefits. The salon boasts roughly $1,500 per
month in recurring automatic electronic fund transfer (EFT)
revenues to maximize profits and provide a stable income
stream during the non-peak winter months.

Detailed Information

Facilities:

This 721 square foot facility leases for $3,650 per month including common area maintenance expense (CAM) on a lease that expires in 2013 but that will have options to be negotiated within the sale. All of the salon s furniture, fixtures and equipment will be fully paid off and will transfer in the sale.

Competition:

San Francisco is a competitive market for indoor tanning, however, salons tend to enjoy a loyal local clientele based on the convenience to where they work and reside. As such, salons are relatively secure from new competition in their immediate vicinity. As this store has been established for over 7 years it is considered a mature salon.

Growth/Expansion:

New owners may seek to evaluate the addition of a high pressure tanning option, the implementation of services such as body wraps or massage, or consider expanding the retail offering. New owners may also seek to invest in an aggressive advertising and promotion campaign as the current owner primarily relies on word of mouth referrals and the location s stellar visibility for new business.

Financing:

Not Offered

Support/Training:

2 wks at 20 hrs/wk

Reason Selling:

Personal

Broker Information

Michael Wildeveld

• View all of my current business-for-sale listings
• View all of my SOLD business-for-sale listings
• View my BizBuySell Profile
• View the Broker's Website