Established Tanning Salon $9,950 or best offer (reduced for quick sale)

 

Gross Income as high as : $65,000 (2012)

 

Build out: $60,000 (estimated duplication cost)

 

Original Equipment

Cost Estimate $50,000

 

Real Estate Lease $1,176 a month

Monthly Recurring Bills: $800 a month (electric, internet, etc.) Equipment Leases/SBA Loans (will be paid off in full, upon sale of business)

Click here for more information on this salon, or to make an offer!
Ref:Louis950



 

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 model  Tanning 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.

Click here for more information on this salon, or to make an offer!
Ref:Louis950