Profile: High-End Eco-Friendly Tanning Salon Featured In Instyle Magazine!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Mia B.
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| Primary Phone: |
323-605-5077 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/18/09 |
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| Date Last Revised: |
11/18/09 |
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| BizBen Ad #: |
126397 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$89,000 |
| Down Payment: |
Call |
| Annual Revenue: |
$136,000 |
| Annual Adjusted Net: |
$67,000 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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This High-End "Boutique" Tanning Salon Is Unlike Any Other, Located Between Beverly Hills And West Hollywood. This salon is a STEAL at 89K!
Voted "Best Of Citysearch 2008", This Salon Is Located In One The Hottest And Most Desirable Retail Areas Of Town Near 3rd Street And The Beverly Center; Catering To This Prime Demographic.
This "Green" Business Differentiates Itself By Offering A Relaxed And Trendy Spa Environment That Is An Oasis From The Stresses Of Los Angeles. 8 Stylishly Appointed 100 Sq Ft. Tanning Suites Feature 6 Tanning Beds: 3 High-Pressure Lay Down Beds, 1 High Pressure Stand-Up. And 2 Low/Med Pressure Lay Down Beds. One Room Is Dedicated To Custom Airbrush, One Of Their Biggest Moneymakers; Especially After Being Voted "The Best Airbrush Tan In Los Angeles" By Instyle Magazine In June 2008. They Were Also Recently Chosen As The Official Tanning Salon Choice For The 2009 Erica Courtney Oscar Party!
A Growing Client Database In Excess Of 2,800 Names Is Included In The Sale, 830 Of Which Are Regulars. There Is Also Email Marketing That Has Been Established With 790 Contacts In Place. A Major Remodel And A Comprehensive Rebranding Campaign Was Implemented In 2007. Targeted Direct Marketing, Word Of Mouth Referrals, And The Recent Instyle Magazine Recognition Has Caused A Huge Increase In Business. This Is Remarkable Growth In A Challenging Economy!
A Friendly No Pressure Sales Approach Has Been Key To Servicing And Retaining Clients. Earnings Of 136,000 Are Derived From Operations From August 2008 Through July 2009 With Most Months Of Sales Averaging 12,000/ Month;
Which Reflects ---
78,000 Net Earnings For A Working Owner.
66,000 Net Earnings For Employees Working A Total Of 30 Hours/Week.
56,000 Net Earnings For An Absentee Owner.
Their Sales Continue To Be On The Rise, With A 6 Fold Increase In Sales Over The Course Of 2 Years, And Still More Room For Growth! In Addition, Rent Is Extremely Competitive, At 4,483 Per Month Including Cam. This Includes The Management And Upkeep Of The Entire Strip Mall, Including A Complementary Valet. The Salon Is A Total Of 1,660 Sq Ft., The Most Inexpensive Rent In The Area, At 2.15 Per Sq Ft. The Comps In The Area Are Right Around 5.50 Per Sq Ft.
An Agreement With The New High-End Sls Hotel Across The Street Promises To Contribute To Continued Growth.
In Addition, 117,000 Of Fixtures, Furniture And Equipment Are Included With The Sale And Fully Paid Off!
The Owner Is Selling Due To A Family Illness.
Interested Parties Can Reply To This Listing For More Details.
***celebrity Clientele List Available Upon Request***.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Mia B. at 323-605-5077 |
Business For Sale Photos
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