West LA Area Airbrush Tanning Salon–Unbelievable Return on Investment Santa Monica Area, CA (Los Angeles County) Asking Price: $79,000
Gross Income: $174,756
Cash Flow: $109,538
EBITDA: N/A
FF&E: $5,000
Inventory: $3,000*
Real Estate: N/A
Established: 2010
Employees: 1
*not included in asking price.
Business Listed By:
Michael Wildeveld
The Veld Group 310-652-8353
Business DescriptionThis West Los Angeles area airbrush spray tanning salon may be ideal for either the entrepreneurial working owner or absentee investor owner who seeks a simple and incredibly straight forward business with consistent revenues and spectacularly high margins, in a market that has some inherent barriers to entry. Detailed InformationInventory:Not included in asking priceFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities: This 800 square foot airbrush tanning salon with great street frontage leases for a $1,600 per month pus roughly $170 in common area maintenance (CAM) expenses on what will likely be a new 3 or 5 year lease with options to be negotiated. The business’s furniture, fixtures, equipment and goodwill are will transfer in the sale, and solution and lotion inventory will be sold at cost at close.Competition: Because this salon has mastered a niche market with its very specific concept, there is little direct competition in its immediate vicinity (that does offer some barriers to entry). Traditional indoor salons with UV tanning and spray tan booths or airbrush offering, retail crèmes, etc do present obvious indirect competition.Growth & Expansion: A new owner may seek to further bolster revenues by aggressively marketing and promoting the salon to further build the customer base, by implementing monthly or recurring revenue packages or membership plans (and potentially sub-dividing or otherwise adding an additional room in the existing space for a higher client throughput during peak hours), by increasing the retail selection to include more than moisturizers and lotions (e.g. accessories, sunglasses, swimwear), and by adding landlord approved complementary concepts such as make-up, etc. Finally, since the salon only remains open 5 days per week a new operator may seek to increase business hours to include additional hours per day or days per week.Support & Training: 2 wks at 20 hrs/wkReason for Selling: Personal
The information in this listing has been provided by the business seller or representative stated above. www.BuyTanningSalons.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Gross Income: $174,756
Cash Flow: $109,538
EBITDA: N/A
FF&E: $5,000
Inventory: $3,000*
Real Estate: N/A
Established: 2010
Employees: 1
*not included in asking price.
Business Listed By:
Michael Wildeveld
The Veld Group 310-652-8353
Business DescriptionThis West Los Angeles area airbrush spray tanning salon may be ideal for either the entrepreneurial working owner or absentee investor owner who seeks a simple and incredibly straight forward business with consistent revenues and spectacularly high margins, in a market that has some inherent barriers to entry. Detailed InformationInventory:Not included in asking priceFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities: This 800 square foot airbrush tanning salon with great street frontage leases for a $1,600 per month pus roughly $170 in common area maintenance (CAM) expenses on what will likely be a new 3 or 5 year lease with options to be negotiated. The business’s furniture, fixtures, equipment and goodwill are will transfer in the sale, and solution and lotion inventory will be sold at cost at close.Competition: Because this salon has mastered a niche market with its very specific concept, there is little direct competition in its immediate vicinity (that does offer some barriers to entry). Traditional indoor salons with UV tanning and spray tan booths or airbrush offering, retail crèmes, etc do present obvious indirect competition.Growth & Expansion: A new owner may seek to further bolster revenues by aggressively marketing and promoting the salon to further build the customer base, by implementing monthly or recurring revenue packages or membership plans (and potentially sub-dividing or otherwise adding an additional room in the existing space for a higher client throughput during peak hours), by increasing the retail selection to include more than moisturizers and lotions (e.g. accessories, sunglasses, swimwear), and by adding landlord approved complementary concepts such as make-up, etc. Finally, since the salon only remains open 5 days per week a new operator may seek to increase business hours to include additional hours per day or days per week.Support & Training: 2 wks at 20 hrs/wkReason for Selling: Personal
The information in this listing has been provided by the business seller or representative stated above. www.BuyTanningSalons.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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