November 21, 2009
 
 
Tanning Salon  •  $1,000,000

Location: Los Angeles
Seller: Ryan Clark
Phone: 310-652-8353
 
 
About This Business
BizBen Ad #: 132986
Status: Available
Start Date: 11/2/09
Last Revised: 12/31/69
Location: Los Angeles
County: Los Angeles
City: Los Angeles
Contact Information
Seller or Contact: Ryan Clark
Primary Phone: 310-652-8353
Alternate Phone: Not Provided
Email: contact@theveldgroup.com
 
 
Financial Information
Asking Price: $1,000,000
Down Payment: $1,000,000
Annual Cash Flow: $290,000
Annual Revenue: $1,050,000
Detailed Information
Franchise: Yes
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: No
 
 
Business Summary
This Opportunity Offers A New Entrant Into The Highly Attractive Indoor Tanning Industry The Opportunity To Make A Large Splash In The Country's Most Sophisticated Market. Alternately, This Chain's A+ Real Estate Will Also Allow An Incumbent Salon Owner To Command The Majority Of The High-End Salon Market Share In One Fail Swoop. This Central And West Los Angeles Based Chain Has Already Gained Tremendous Brand Awareness Due To Is Proprietary Products And Market Penetration, However Many Improvements May Still Be Realized As It Has Been Absentee Owned And Run On Autopilot For The Past Several Years. While New Owners May Make Several Operational And Marketing Improvements To Gain Immediate Net Revenue Increases, They Will Not Likely Have To Invest In Any Equipment Or Facility Modifications.

This Chain, Undoubtedly One Of Central And West Los Angeles' Nicest, Provides A Buyer The Opportunity To Make A Large And Immediate Impact On The L.A. Market. The Chain Boasts 2 A+ Flagship Style Locations, With A 3rd Location That Has Been A Consistent Earner.

Central And West Los Angeles Is The Epicenter Of Such Businesses That Cater To Image Conscience ‘fashionistas’, And Aspiring Models, Celebrities And Musicians. As Such, Competition Is Heavy But Few Other Chains Can Boast Such Stellar Locations.

New Owners Will Likely Seed To Ensure The Operation Is Run With Maximum Efficiency As The Current Owners Are Absentee. They Will Also Seek To Capitalize On The Chain's Economies Of Scale In Terms Of Heavy Marketing And Promotion.