Profitable Tanning Salon

Ventura County, CA

Seller Financing Available

listing image
Asking Price:$185,000
Gross Revenue:$218,000
FF&E:$100,000
Cash Flow:$52,000
Inventory:$1,000
BUSINESS DESCRIPTION

Great opportunity to purchase an absentee-owner run Tanning Salon. Very clean books and records. The Salon offers Tanning and Wellness, Tanning, Red Light, Infrared Sauna, Air Brushing, Relaxation-Infrared Pod (Cocoon). The business typically has one employee running the business at a time and two employees during key hours on the weekend. The space is very well utilized returning a high revenue per square foot. The new owner can continue running the business, with passive $52k (2023) income or manage the salon themselves for a larger share of the profits.


DETAILED INFORMATION
Location
Ventura County, CA
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The space has a lease rate of $2,368 including CAM charges per month with a yearly 3% increase per year. The business has four years left on the lease with a five-year option. The landlord will do an assignment of lease with options.
Report an Issue with this listing
profile-img
Ian
Lashley
logo-img
Ian Lashley