This high end tanning salon is an industry leader in its market. It comes with multiple locations all networked together, a knowledgeable and experienced staff, a huge six figure cash flow, a wide variety of services and an unmatched reputation in its market. It is widely recognized as the most professional salon around, with the most experienced staff around. It is also one of the longest established tanning salons in the Central Arkansas market.
This business has won numerous awards for its services and excellent reputation. 2014-2016 average Cash Flow is over $221,000!! Despite a big cash flow of consistently over $200,000, and yearly revenues consistently over $750,000 many opportunities exist to grow this business and increase revenues, especially in the emerging market of spray tanning. Revenues for 2017 are tracking over $920,000, a 21% growth from 2016! Cash Flow through June 2017 is on pace to be over $250,000- a 16% growth from 2016!! Other areas of expansion can be found in targeting bridal affairs, dance schools, and sororities — all markets the business is currently not fully exploring. Also increased marketing efforts can help bring in more customers, along with an increased product and complimentary services to diversify revenue streams.
Asking Price: $675,000
Seller’s Discretionary Earnings: $221,456
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