Los Angeles Area Tan Salon w/ Stellar Equipment in Popular University

Asking Price$250,000

Cash Flow

EBITDA$41,734

Gross Revenue$197,851

Inventory$2,000
Not included in asking price
FF&E$50,000
Included in asking price
listing imageSave

Los Angeles Area Tan Salon w/ Stellar Equipment in Popular University


Asking Price$250,000

Cash Flow

EBITDA$41,734

Gross Revenue$197,851

Inventory$2,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
This university area indoor tanning salon offers a range of high and low pressure stand-up and lay down tanning beds, spray and airbrush tan options, as well as infrared sauna and red-light therapy options. The salon caters to a younger university-based client base with discretionary income.
About the Business
Employees
6 Part-time
Facilities & Assets
This 1,350 square foot salon leases for $5.1k per month on a lease until 3/31/2028 with options to be negotiated in the sale. The relatively new establishment was outfitted with $94.5k in equipment, $40k in electrical, $7.5k in plumbing, $4.5k in audio, $15k in furniture and fixtures, and $25k in tech software on top of an $85k build-out. All of the business's furniture, fixtures, equipment, customer list, lease rights and goodwill will be included in the sale.
Market Outlook / Competition
This popular tanning salon differentiates itself by providing its patrons a wide range of services with a comprehensive spectrum of equipment – which provides a highly customized experience for each client. The salon is located in a densely populate urban area that allows it to cater to a diversity of clients within a comparatively small geographic radius. Due to this, the business is able to command a high loyalty rate within its neighborhood, enjoy targeting marketing efforts, while dissuading new competition from entering the marketplace.
Opportunities for Growth
Opportunities for expansion include introducing updating pricing and package offerings, adding complementary services, leveraging social media and influencer marketing to promote the salon’s offering while maintaining top of mind awareness with historical and exiting clients, as well as potential new ones.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,350
Rent
$5,100.00 per month
About the Sale
Seller Motivation
Personal
Transition Support
Seller will train for 2 weeks at 20hrs per week or as negotiated.
Financing Options
Not offered but may consider a small secure carry for SBA buyers
Listing Info
ID
2462823
Listing Views
14

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Ryan Clark The Veld Group

Listing ID: 2462823 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. See our full Terms of Use. Learn how to avoid scams.


Similar Listings