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Los Angeles Area Tan Salon With Stellar Equipment For Sale

Los Angeles, California - South, US
Asking Price:
$175,000 Furniture / Fixtures included
Sales Revenue:
$197,851
Cash Flow:
$61,734

This university area indoor tanning salon offers a range of high and low pressure stand-up and lay down tanning beds, spray and airbrush tan options, as well as infrared sauna and red-light therapy options. The salon caters to a younger university-based client base with discretionary income.

Property Information

Real Estate:

Real Property Included

Premises Details:

This 1,350 square foot salon leases for $5.1k per month on a lease until 3/31/2028 with options to be negotiated in the sale. The relatively new establishment was outfitted with $94.5k in equipment, $40k in electrical, $7.5k in plumbing, $4.5k in audio, $15k in furniture and fixtures, and $25k in tech software on top of an $85k build-out. All of the business's furniture, fixtures, equipment, customer list, lease rights and goodwill will be included in the sale.

Size in square feet:
1,350

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Opportunities for expansion include introducing updating pricing and package offerings, adding complementary services, leveraging social media and influencer marketing to promote the salon’s offering while maintaining top of mind awareness with historical and exiting clients, as well as potential new ones.

Competition / Market:

This popular tanning salon differentiates itself by providing its patrons a wide range of services with a comprehensive spectrum of equipment – which provides a highly customized experience for each client. The salon is located in a densely populate urban area that allows it to cater to a diversity of clients within a comparatively small geographic radius. Due to this, the business is able to command a high loyalty rate within its neighborhood, enjoy targeting marketing efforts, while dissuading new competition from entering the marketplace.

Reasons for selling:

Personal

Employees:
6
Years established:
2023

Other Information

Support & training:

Seller will train for 2 weeks at 20hrs per week or as negotiated

Financing available:

Not offered but may consider a small secured carry for SBA buyers.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$2,000