Central Coast Area Tanning Salon Chain - Priced to Sell! San Luis Obispo County, CA Asking Price: $115,000

Gross Income: $334,897

Cash Flow: $91,789

EBITDA: N/A

FF&E: $20,000

Inventory: $1,000

Real Estate: N/A

Established: 2004

Employees: N/A

Business Listed By:
Michael Wildeveld The Veld Group 310-652-8353


Business DescriptionThis Central Coast Area tanning salon chain may be a great investment opportunity for an absentee investor who seeks the luxury of small business write-offs, or the full time working owner who is able to implement the changes necessary for the businesses to reach their full potential and operate as profitably as possible. The locations have a varied array of low and medium pressure lay down and stand-up tanning units, as well as one high pressure tanning option and one spray tan booth. Detailed InformationInventory:Included in asking priceFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities: All of the business's furniture, fixtures, equipment and lease rights will be included in the sale. The seller will train a new owner as necessary.Competition: Competition does exist in the area as there are other salons, however, this is considered to be the dominant incumbent salon chain in its immediate market.Growth & Expansion: A new owner may seek to grow profitability in a number of ways. First, they may seek to combine locations that cater to a similar and somewhat overlapping market to immediately boost profits. Next, they may seek to promote the salon’s geographic coverage to capitalize on the full service offering provided by the combined locations. What’s more, they may wish to update their website, launch a Facebook page, and engage in local pay per click advertising and search engine optimization so the salons prominently come up when internet searches are conducted. Finally, new operators may wish to evaluate the service offering to add an additional high pressure bed, launch a custom airbrush tan option as well as potentially a new and highly popular Versa-Spa spray tan option.Financing: May Consider a Small Secured CarrySupport & Training: 2 Weeks at 20 hrs/wkReason for Selling: Personal                                    Ad#:                           

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