CONTEMPO SPA-$189,999
Seller:
Attn:
Michael Saunders
Location:
Rowlett, TX, USA
Listing Number:
26203604
Overview of the Business:
Tanning salon/contempo spa located in an affluent area that has high visibility and excellent traffic flow. This well know Franchise is the largest and best known tanning and spa franchisor in the country with over 350 locations and over one million members. The franchisor has a proven and successful model offering several revenue streams, including tanning, spa services and skincare products, and provides excellent franchisee support. This upscale contempo spa has Fully Automated Mystic tan, (2) Hydration Station, (1) Therasage-massage bed, (1) 48 bulb VIP stand up bed with Platinum Sun Bronzing High Pressure bulbs, (2) 52 Platinum beds also with Sun Bronzing High Pressure bulbs and 4 Facial bulbs in each, (3) 42 VIP beds with 3 facial bulbs in each.
The business also enjoys solid monthly EFT (Electronic Funds Transfers) of $9,000 to $15,000, drafted directly from patrons checking or credit card accounts. The inventory, customer database, furniture, fixtures and equipment are all included in the asking price of $189,999. Business is currently open 7am to 10pm Mon-Thur, 8am to 7pm on Fri, 9am to 6pm on Sat and 12pm to 4pm on Sun.
Market Competition and Expansion:
Competition: Normal competition for the tanning industry. However, this tanning salon has an established customer base comprised of repeat customers who repeatedly refer new customers.
Growth and Expansion: This business has almost doubled EFTs in the last year and half. Business could have much more significant increases in sales by adding more spa equipment.
Additional Details:
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