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Classy Monrovia Tanning Salon Recently Refurbished

California, Monrovia
Asking Price $39,000.00
Gross Income $144,085.00
Cash Flow $144,085.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • Tanning Salon

  • BEAUTY PERSONAL CARE
Overview
This well established and nicely remodeled Monrovia salon offers clients low to medium pressure tanning options, including a stand-up unit and a ultra-violet free custom airbrush spray tan option. This simple operation is ideal for a working owner who may also seek to provide esthetician, massage, body wrap, teeth whitening or other services that are complementary to indoor tanning.
Business Details
Location and Facilities: The salon occupies 1,050 square feet with monthly rent of $3,485 including common area maintenance (CAM) on a lease until February 2014 with options to be determined. The salon houses a variety of low pressure lay down beds as well as a medium pressure stand-up unit and a custom spray tan airbrush unit.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: New management will likely be an owner operator who is also a service provider for esthetician, massage, body wrap or other complementary services. New owners will also seek to invest in aggressively marketing the salon to historical, current, and potential new clients, while also evaluating the salons retail offering. A full time working owner with great sales and customer service skills may be able to boost sales via their on-site presence, while they may seek to rent out rooms to other service providers as opposed to expanding into those services themselves (assuming the landlord permits room sub-lets and/or the service offerings). Competition in the area is considered medium however this quaint well-established salon boasts a fantastic reputation and a strong current and historical client database.

Reasons for Selling: Personal

Financing:

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