Sold. First Class Tanning And Nail Salon

This beautifully decorated tanning salon occupies approximately 1,400 sq. ft. in a highly traveled center anchored by a national grocery chain. The area surrounding this business claims a median annual household income of over $100,000. The business has become a popular place for tanning, purchase of tanning lotions, and they have a very loyal client base. This is a stress free business to run and operate, requiring minimal employee training.

Business was opened in 2001 and the current owners significantly upgraded the tanning equipment when they purchased the business. They have one Level 4 bed, 5 level 1 lay down beds, 1 level 2 bed, 1 stand up Level 3 high intensity bed and 1 turbo bronzer spray on tan machine. In addition to the equipment upgrades they completely renovated the interior with professionally installed tile, new color scheme including neon lighting, etc.

Price is $35,000 and take over existing lease for less than 17 months. Price is well below asset value.

Expansion Potential
This area continues to be one of the most popular in El Paso County. There are several other new business developments (fast food, banks, etc.) that are bringing new people to the area. The owner is looking at bringing in a nail technician because there is none in the center and there is demand for this service and there is strong cross-over with the client base. The addition of the nail salon with pedicure chairs has been well received and should significantly impact the bottom line. Sales in the past have been as high as $130,000 per year for the tanning portion alone!