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3900 Burbank BLVD Burbank, CA 91505
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Key Details
Sold Price $160,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24223924
Sold Date 03/28/25
HOA Y/N No
Year Built 1954
Lot Size 3,306 Sqft
Property Description
Profitable Popular Owner Run Burbank Tanning Salon For Sale. The Salon is turnkey and has been in business for 20 years. The Salon offers an Automated Spray Tan Booth and 12 UV Tanning Units with room to expand. All Equipment is in its own Beautifully Built-out Private Rooms. It has a consistent and steady membership base that has been maintained without advertising. Gross Annual Revenue is $258K Current annual cash flow is $77K including the owner's salary. Current monthly lease and CAM payment is $6,800 and includes plenty of customer parking. Potential revenue growth could be achieved by advertising through social media and local advertising. Owner will train the new owner on day to day business operations.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUC3
Interior
Fireplace No
Exterior
Total Parking Spaces 14
Others
Tax ID 2476003006
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
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Bought with Chris Vanole • First Class Real Estate