Tanning Salon Priced To Sell For Sale

Business description

This charming tanning salon is located in a quaint neighborhood in East County San Diego. Located next to a women’s fitness center / spa and nail salon, the center consistently serves as a one-stop shop for female beauty and personal care needs. The center is also strategically located near major freeways and shopping malls. This salon is ideal for the first time business owner who seeks a fun, friendly environment to work in with an inexpensive turn-key operation.

Property information

Real Estate:

Lease

Lease terms:

Lease Expires - 2007
Monthly Rent - $1,873
Term Option - 5 years

Location:

This facility is located in a medium sized shopping center anchored by a fitness and health center. This 8-room salon features 6 standard beds and 1 airbrush system, offering an exceptionally clean, modern interior with comfortable surroundings. The beds are in good conditioned and regularly maintained. The facility occupies 1,500 square feet and leases for only $1,873 per month including CAM expenses, on a lease valid thru 2012 including the option.

Other information

Expansion potential:

Many opportunities for expansion exist. The salon also has additional space which could be used to add a stand-up or high-pressure bed. A new owner may also seek to increase advertising via coupon mailers, flyers, and co-ops with local businesses.

Competition / Market:

Competition is considered medium; the next closest salon is a mile away. Management indicates the equipment, design, and décor of the competitor do not provide customers with the same experience provided by the salon.

Support & training:

2 Weeks at 20 Hours

Reasons for selling:

Personal

Trading hours:

7 Days

Furniture / Fixtures value:

$20,000

Inventory / Stock value:

$2,000