Redland Tanning Salon – Ideal for an Owner Operator / Service Provider

Redlands, CA (San Bernardino County)

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Asking Price: $25,000

Cash Flow: N/A

Gross Revenue: $44,000

EBITDA: N/A

FF&E: $20,000

Inventory: $500*

Rent: $3,678,000 /Month

Established: 2015

*not included in asking price.

Redland Tanning Salon – Ideal for an Owner Operator / Service Provider

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Business Description

This Redlands area tanning salon is ideal for a full-time working owner-operator who ideally also provides an additional complementary service such as custom airbrush tanning, massage, reiki, hair, nails, hydrotherapy, facials or other esthetician services, etc. to capitalize on the spacious facility’s excess capacity.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 2,000 square foot venue leases for an attractive $1,839 per month on a secure short-term lease. The salon boasts 3 top of the line indoor tanning beds as well as two entry level units. If new, these would cost more than the asking price to replace. All of the business’s furniture, fixtures, equipment and goodwill are included in the sale. $500 in inventory will be sold at cost at close in addition to the asking price.
Competition:
While competition exists, this location has a loyal local following. It also has a new complementary neighbor that shares the same parking lot and could help to increase salon traffic.
Growth & Expansion:
Opportunity exists to bolster the salon’s revenues via marketing and promotion, including the launch of a website and traditional and web-based ad campaigns. The salon could tremendously benefit from an owner who is also a service provider, so the space can be capitalized on and additional services can be sold to the same client base. These may include custom airbrush tanning, massage, reiki, hair, nails, hydrotherapy, facials or other esthetician services. Alternately, a portion of the store may be converted to specialty retail that could include swimwear, jewelry, accessories, or potentially beauty care products.
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:
Personal
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Contact the Seller

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Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA

Business Listed By:
Ryan Clark

The Veld Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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