Business Description; This tanning salon is very well
established in the local market . The salons has a beautiful decor and build
out that you would expect from a high end salon. In addition it has a great
visible location in a busy shopping center.
The Salon Boasts, some of the nicest late modelTanning Equipment available in the tanning
industry. The cost alone to duplicate and install new similar equipment is
estimated to be over $50,000, without considerations for build out or goodwill.
The salon has great opportunity to market itself to the
local military personnel which do match the target demo very well.
This salon could greatly increase revenues by
implementing an aggressive marketing campaign geared towards increasing the
sales of what has been a fairly successful EFT program, the salon has an EFT
program at this time producing about $900 a month in sales and nearly covers
rent, however some of the local chain stores are more aggressive in pushing eft
and see eft as high as $75,000 per month so there is some un tapped potential
that could be attained by an aggressive marketer. Many salons on this very site
show they have significant sales via EFT, sometimes into the hundreds of
thousands annually.
The salon could benefit from a versa spa or mystic HD tan
option (it already has an Air Brush Option, and mystic blue box) these units
can be obtained on the resell market very affordable sometimes for as little as
$5,000. Some salon owners have claimed as much as a 1/3rd, of their business
has come from such UV free booths.
In addition this salon has proven success implementing
other services such as hair, as such adding hair, or massage to the current
service offerings could prove very beneficial
This is not a distressed sale; this is a thriving
business being sold simply because the current owner wants to retire. Join the
fun and upbeat billion dollar Tanning industry with this established, fun and
profitable well run tanning salon.