This Santa Ana area indoor tanning salon is well established and has been profitable for the decade since it opened. The salon benefits from its convenient location with attractive rent, a large shared parking lot, and its highly successful automatic recurring electronic debit program – which accounts for nearly half of its revenues, stabilizes its profitability and helps ensure customer retention.
This 1,350 square foot salon leases for $1,959 per month plus approximately $622 in common area maintenance expenses (CAM) on a lease that expires in 2020 with one 5 year option. The salon’s furniture, fixtures and equipment will be included in the sale. Approximately $1,000 in inventory will be sold at cost at close.
While competition certainly exists in this popular indoor tanning market, this salon has maintained a market niche as ‘locally’ owned and independently operated option.
The salon could benefit from a full-time working owner-operator who can help save on wage expenses, while ensuring top quality customer service and ensuring the highest average ticket sale possible.
Asking Price $249,000
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