This high end tanning salon is an industry leader in its market. It comes with multiple locations 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. 2014-2017 average Cash Flow is over $208,000! Despite a big cash flow 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. Recent steps were taken which will reverse the down numbers from 2017 so the business continues to evolve and seek ways to be more profitable. 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: $129,008
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