West Hollywood Tanning Salon in the Center of all the Action!
| Asking Price: | $84,000 | Inventory: | $1,000 ** |
| Gross Revenue: | Not Disclosed (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed (comments below) | FF&E: | $40,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 204000 | |||
| Cash Flow Comments: 45000 | |||
This well established West Hollywood tanning salon is in indeed in the center of all the action (no, not the Santa Monica Boulevard action). The location occupies a key location with ideal visibility for all of those living in, commuting through, or otherwise visiting West Hollywood. It is near at least 2 major gyms, and several personal training / fitness centers, as well as nearby celebrity filled residential communities. This salon offers clients a varied array of entry level tanning beds, high pressure and stand-up tanning options, and top of the line spray tan options. The salon is not engaging in the highly lucrative customized airbrush tanning business that has become so popular with the high discretionary income clients that reside it the area.
About the Business
Employees:5 part time
Facilities:This salon is located in a 1,100 sq. ft. facility (with parking) that leases for $4,800 per month on a lease until September 2014 with options to be determined. All of the salon s furniture, fixtures and equipment are paid for and will be included in the sale.
Market Outlook and Competition:West Hollywood is a highly competitive indoor tanning market. This location, however, has several attributes that provide it a competitive advantage over other locations (proximity to gyms, parking, street visibility, accessibility, etc.).
This salon is ideal for a working owner / operator who can provide superior customer service to the location s elite client base. New owners will likely seek to slightly renovate the facility to ensure that its classiest in the area, target local residents with an expanded service offering (perhaps by adding customize spray tan, body wraps, massage, or other complementary services that appeal to the salon s local client base), and implement a revised pricing schedule that incentivizes clients to sign up for recurring monthly electronic fund transfers.
About the Sale
Management Training and Support:2 wks at 20 hrs/wk
Reason For Selling:Personal
Seller Financing:Not Offered
KEYWORDS: tanning, salon, beauty, skincare, franchise, West Hollywood, Los Angeles
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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