Tanning salon

Long Beach, CA (Los Angeles County)

Tanning salon
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Asking Price: $80,000

Cash Flow: $100,000

Gross Revenue: $199,000

EBITDA: $60,000

FF&E: $90,000

Inventory: N/A

Rent: $1.77 /Month

Established: 1998

Tanning salon

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Business Description

Well stablished with UV & sunless & red light therapy and retail store

This well stablished long beach tanning salon has been family owned for over 20 years. All equipment has been updated. It offers 2 lay down RED LIGHT THERAPY BEDS. 4 (20)Min standard lay down beds with facial bulbs. 2 HIGH PRESSURE stand up beds. 4 HIGH PRESSURE lay down beds and 1 sunless spray room. All equipment is owned and included in the price of the salon . Equipment alone is worth $80,000.
We also have a retail side. We sell bathing suits,shoes,sandals,purses,sun glasses,jewelry and other type of clothing . We are next to a college and close to 4 other schools. THE REASON FOR SELL IS BECAUSE IM RETIRING.

Detailed Information

Real Estate:
Leased
Building SF:
2,690
Lease Expiration:
4/1/2020
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment included. 2 cash registers and 2 credit car machines. All furniture and office supply. 2690 square feet salon and retail. $ 5,500 rent including CAM. Lots of great parking and lots of walking traffic.You can get 1 to 5 years lease. (Home Based)
Competition:
There is no competition near me and the location is in a perfect place, next to long beach city college and close to cal state college.I am next to Lakewood High school and close to 2 other high schools.
Growth & Expansion:
I have 14 nice size rooms that the future is moving into an all beauty facility. If i was to keep the business i would add a nail room-eye lash room and a hair salon.
Support & Training:
Support and training provided
Reason for Selling:
RETIRING
Home-Based:
This business is Home-Based
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Business Listed By:
JON STORMS

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