REDUCED - UTC/La Jolla Tanning Salon


Personal Care Services

Overview

Status Active
Listing ID 68685
Listed Price $195,000
Down Payment $125,000
SDE $79,000
Total Sales $265,000
FF&E $84,500
Real Estate Call
Inventory $1,500

Reason For Sale

Personal

Financing/Terms

Seller will carry $70,000 at 6% interest for 48 months with a qualified buyer.

Training & Support

Yes, 2 weeks at 30 hrs/week, franchisor also provides up to three weeks of training.

Included in price
Not included in price

Contact Information

Hal Janke, CBI, AMAA
President

Office:
Cell: 760 612-7018
Fax:
Email: info@omegabusinessadvisors.com


Operations

Year Established 1,990
Last Acquisition 2,000
Absentee Owner Yes
Franchise Upon request, buyer must sign our NDA before released
% of Business Online 70
Days & Hours Mon.-Fri:8am-9pm, Sat. 9am-7pm, and Sun.10am-7pm.
Number of Employees 1 pt | 4 ft

Location

UTC/La Jolla - High Visibility
Type of Location Stand-alone
Square Footage 2,200
Lease Expires 01.21.14
Options One five year option
Relocatable No

Executive Summary

Business Description

Price Just reduced to only $219k. This tanning solarium offers the best tanning equipment in the industry, featured in a highly-styled spa environment. This Tanning Solariums provide a spa experience that exceeds expectations. Situated in a high profile geographical area of the UTC/La Jolla area. Best of all, for our franchise owners, we offer a wide range of products and services for maximum potential revenue streams, plus solarium layout options designed for flexibility, efficiency, and optimal customer experiences. Royalty fees are 6% of sales + 2%. Now you have the chance to own and operate your own streamlined, exciting sun spa, while benefitting from professional training and support at every step. This franchise has a very strong marketing program that keeps you on the cutting edge. For more information call us today, this won't last long.

Owner Qualifications

Potential buyer must qualify with franchisor and attend training.

Competition

Very little competition in the area.

Potential for Growth

Very good. With an active owner in place there is a good possibility for growth in revenues.


Facilities & Locations

Rent is approx.$2,532 per month for the Tanning Salon business plus $1000 per month for the additional office suite. Tanning business is approx 1200 s.f.term is 1/31/2014 plus (1) 5 yr option, one space is the tanning business the other space is a separate office space approx. 1000 s.f. could be sub-leased or utilized for your private office,included in total rent, 1/31/2014 plus (1) 5 yr option. The tanning business has 10 private rooms fully equipped with state of the art tanning beds and more.