Profile: Upscale Westside Tanning Salon & Spa. Excellent Location.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Matthew Louis, Agent
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| Primary Phone: |
310-882-2200 X112 |
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| Alternate Phone: |
888-60-Bizex |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/29/08 |
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| Date Last Revised: |
9/29/08 |
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| BizBen Ad #: |
132081 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$210,000 |
| Down Payment: |
$210,000 |
| Annual Revenue: |
$107,000 |
| Annual Adjusted Net: |
$62,000 |
| Price Range: |
$100,001 to $250,000 |
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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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The Business For Sale Is A High-End Tanning Salon Unlike Any Other, Adjacent To Beverly Hills And West Hollywood. 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. The 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 7 Tanning Beds: 3 High-Pressure Lay Down Beds, 1 High Pressure Stand-Up. 2 Low Pressure Lay Down Beds, And 1 Low Pressure Stand-Up. 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.
A Growing Client Database In Excess Of 2,400 Names Is Included In The Sale, 800 Of Which Are Regulars. A Major Remodel And A Comprehensive Rebranding Campaign Was Implemented 1 Year Ago. Targeted Direct Marketing, Word Of Mouth Referrals, And The Recent Instyle Magazine Recognition Has Caused A 4 Fold 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. Discretionary Earnings Of ~62,000 Is Derived From Operations From October 07 Through September 08 With The Last 4 Months Sales Averaging Over 12,000/ Month; Which On A Proforma Basis Reflects ~90,000 In Discretionary Earnings. An Agreement With A New High-End Hotel Across The Street Promises To Contribute To Continued Growth. In Addition, 117,000 Of Fixtures, Furniture And Equipment Are Included With The Sale. The Owner Is Selling Due To A Family Illness. Interested Parties Should Register As A Buyer Online At Bizex.Net Or Contact Matthew Louis At Ext. 112 Or Mlouis@bizex.Net For More Details On This Exciting And Growing Business.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Matthew Louis, Agent at 310-882-2200 X112 or 888-60-Bizex |
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