Westwood Area Tanning Salon – Most Coveted Location at Incredible Price!
| Asking Price: | $150,000 | Inventory: | $500 ++ |
| Gross Revenue: | $405,567 | Real Estate: | n/a |
| Cash Flow: | $85,924 | FF&E: | $1 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This gorgeous West Los Angeles / Westwood Area tanning salon likely occupies the most coveted location in all of Los Angeles, is being offered at an incredible price to ensure an immediate sale. The salon’s boasts some of the indoor tanning industry’s best high, medium and low pressure beds, automatic spray tan booths as well as customized spray tan options. Prior to the beginning of the economic downturn, this salon did over $700,000 in annual gross revenues!
About the Business
Year Established:2003
Employees:2 full time - 6 part time
Facilities:This 2,100 square foot facility leases for approximately $ 6,200 per month plus an additional $2,000 per month in common area expenses. While the current lease has a number of years remaining, new tenants will most likely obtain a new lease, with any sought after options to be negotiated. All of the salon’s stellar equipment mix, and its high end build-out will be fully paid off in the sale.
Market Outlook and Competition:The Greater West Los Angeles and Westwood Area is a highly competitive tanning market. Due to this salon’s dominant location, it has a natural sustainable geographic competitive advantage over existing competition. The well established salon has a built-in loyal client base.
This salon boasts all of the requisite equipment and facility improvements to return to its former annual gross revenues that exceeded $700,000 per annum. The salon will tremendously benefit from a highly motivated working owner, or an absentee owner with a sales and marketing orientation and expense management focus. This turn-key operation should require few adjustments to continue to prosper and is already poised for a smooth ownership transition.
About the Sale
Management Training and Support:Manager to Train
Reason For Selling:Focus on alternate business ventures
Seller Financing:Not Offered
KEYWORDS: Tanning, tan, salon, beauty, skincare, services, retail, Westwood, West 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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