| Asking Price |
$299,000 | Inventory |
$7,000** |
|---|---|---|---|
| Gross Income |
$240,000 | Real Estate |
|
| Cash Flow |
$132,000 | Year Established | 2005 |
| FF&E |
$300,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
Popular State Of The Art Tanning Salon And Spa In Business For Over 3 Years. This is part of the #1 tanning and spa Franchise with most locations in US and the world. However, you also could just purchase the assets, if you do not want to be part of the franchise and rename the business. The location is on a major street in LA on the west side and in a busy shopping center. Newly Remodeled 1.5 Years Ago. Includes 6 Tanning Beds (Including 1 High End Velocity And 2 Platinums 1 is stand up, 2 VIP's - 1 is stand up, 1 basic), 1 Mystic Tan (Sunless Spray Tan), 1 Water Message Bed, 1 Cyberrelax Message Chair, 1 Hydratation Hydration Therapy, 1 Lumiere Facial And 1 Umo Hand Skincare Unit. Over $150,000 Worth Of Equipment And Inventory. The Salon Is A Popular Tanning And Spa Franchise. The Benefits Of This Franchise Include Training And Support, That Will Be Hard To Acquire Otherwise. In Addition, Franchise Members Could Take Advantage Of Co-Op Advertising With Other Locations And Save In Advertising Costs. The Salon Benefits From Growing Monthly Eft Memberships And Has Residual Income. The Revenue For The Salon Is Growing Month-To-Month, Due To The Residual Eft Model. We Estimate Over 20K Or 25K In Monthly Revenue By April/May, Which Is Typically The Highest Growing Seasons Of The Year. 4 Security Cameras Have Been Installed Inside The Store And The Location Could Be Monitored Remotely Via The Internet. To Open This Franchise From Scracth It Will Cost 300K To 350K. Save Time And Money, By Buying An Existing Location. The husband and wife owners are selling due to having a new baby and no time to run the business. The business has potential of much growth, by having someone that could dedicate more time in managment and marketing. The business also comes with a professional website, which has been professionally search engine optimized and ranks for various keywords. Included in the sale is a license to open additional franchise location, worth $30k.
Facilities: Approximatly 1500 SQ FT. Plenty of parking in busy shopping center. Includes 6 Tanning Beds (Including 1 High End Velocity And 2 Platinums 1 is stand up, 2 VIP's - 1 is stand up, 1 basic), 1 Mystic Tan (Sunless Spray Tan), 1 Water Message Bed, 1 Cyberrelax Message Chair, 1 Hydratation Hydration Therapy, 1 Lumiere Facial And 1 Umo Hand Skincare Unit. Over $150,000 Worth Of Equipment And Inventory. Included sale are also professionally developed website, which has been search engine optimized and brings traffic. Also a license to open additional location.
Competition: The area has a lot of competition from mom and pop tanning salons. However, this business has premium equimpent, superp service and is priced lower than competition. In addition, the business is unique, in that it offers bot tanning and spa services.
Growth/Expansion: There is great growth potential by doing more marketing, such as giving away free passes and partnerships with similar businesses such as local gyms and corporate memberships. More advertising will also benefit the business. The current owner has not had chance to pursue many of the above, due to pregnancy and having a new baby.
Support/Training: Support/training will be provided by seller as well as the franchise. The franchise offers trainning courses.
Reason Selling: Owners had a baby recently and do not have time to run this business effectivly.

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