Profile: Costa Mesa Tanning Salon – Can Take Over SBA Loan W/30K!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ryan Clark, Broker
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| Primary Phone: |
310-652-8353 |
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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: |
10/19/09 |
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| Date Last Revised: |
10/19/09 |
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| BizBen Ad #: |
139972 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$30,000 |
| Down Payment: |
$30,000 |
| Annual Revenue: |
$154,131 |
| Annual Adjusted Net: |
$80,000 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Relatively New Costa Mesa Tanning Salon With High-End Equipment Is Ideal For An Owner-Operator (Who Intends To Work Full-Time And Has Stellar Credit) Who Seeks To Get Into The Indoor Tanning Industry For A Cash Outlay Under 30,000. The Salon Boasts Near Perfect Freeway Access And Extremely High Street Visibility. The Sale Includes High, Medium And Low Pressure Tanning Beds, A Stand-Up Tanning Option As Well As A Customized Spray Tanning. The High Traffic Location Offers Patrons Plenty Of Parking.
This. 1,380 Square Foot Facility Leases Normally Leases For 4,200 Per Month, However, The Landlord Has Agreed To Lower The Rent To 2,100 Per Month Until December 2009. The Sale Includes The Take-Over Of 32,000 In Equipment Leases As Well As A 160,000 SBA Loan. All Financial Data Provided Assumes Said A Full-Time Working Owner With The Aforementioned Loans Paid Off. Prior To Loans Being Paid-Off, The Salon Made Approximately 44,000 In 2008.
The Orange County Tanning Market Is Considered Highly Competitive Due To The Demographics Of Its Population (Which Are Ideal For Indoor Tanning).
This Salon Has All Of The Necessary Ingredients For Success – Great Equipment, A Large Shopping Center With Anchor Tenants, Plenty Of Parking, Fantastic Street Visibility, The Right Tanning Demographic, And Convenient Access. Once The Outstanding Equipment And SBA Loans Are Paid Off, This Salon Should Become A Highly Profitable Venture. New Owners, However, May Seek To Add A Spray Tan Booth Tanning Option.
Please Note That It Is Necessary For All Prospective Buyers To Fill Out A Non-Disclosure Agreement As Well A Buyer Profile Not Only Indicating Ability To Purchase, But Also Identifying Where Funding Will Come From. Requests For Specific Data Without Such Will Not Be Entertained, Nor Will Responses Such As Not Applicable, Bank Loan (Without Indicating % Down), Or Investors. This Opportunity Is Not Available For Co-Broker At This Time.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ryan Clark, Broker at 310-652-8353 |
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