This West Los Angeles area airbrush spray tanning salon may be ideal for either the entrepreneurial working owner or absentee investor owner who seeks a simple and incredibly straight forward business with consistent revenues and spectacularly high margins, in a market that has some inherent barriers to entry.
Inventory:Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities: This 800 square foot airbrush tanning salon with great street frontage leases for a $1,600 per month pus roughly $170 in common area maintenance (CAM) expenses on what will likely be a new 3 or 5 year lease with options to be negotiated. The business’s furniture, fixtures, equipment and goodwill are will transfer in the sale, and solution and lotion inventory will be sold at cost at close.
Competition: Because this salon has mastered a niche market with its very specific concept, there is little direct competition in its immediate vicinity (that does offer some barriers to entry). Traditional indoor salons with UV tanning and spray tan booths or airbrush offering, retail crèmes, etc do present obvious indirect competition.
Growth & Expansion: A new owner may seek to further bolster revenues by aggressively marketing and promoting the salon to further build the customer base, by implementing monthly or recurring revenue packages or membership plans (and potentially sub-dividing or otherwise adding an additional room in the existing space for a higher client throughput during peak hours), by increasing the retail selection to include more than moisturizers and lotions (e.g. accessories, sunglasses, swimwear), and by adding landlord approved complementary concepts such as make-up, etc. Finally, since the salon only remains open 5 days per week a new operator may seek to increase business hours to include additional hours per day or days per week.
Support & Training: 2 wks at 20 hrs/wk
Reason for Selling: Personal
This listing is provided by capital partners, the price you see above of $10,000 is the minimum cash down payment, in addition to that capital partners will retain a % of sales if you buy the business, capital partners are a free service to all sellers. The original asking price is $79,000.
Only the minimum down payment is $10,000. Capital Entrepreneur partners will retain a % of ongoing sales and will help you attain financing and specialize in buyers with awful credit, we also have several other business listings you may be interested in.
2 weeks at 20 hrs/wk