Tanning Salon For Sale – Passive Income, Absentee Owner $185,000

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 $55k (2023) income or manage the salon for a larger piece of the pie.

Revenues $218,0009
Absentee owner Cash Flow $55,000

Ventura County, CA
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.

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