Highly Profitable Spray Tan Business

Business Overview:

This highly profitable spray tan business has redefined the industry, combining exceptional service quality with trend-forward branding. In just five years, it has established itself as a respected name in spray tanning and education. With two established locations and a proprietary product line distributed nationwide, this business is primed for expansion and continued success.

Financial Performance:
* 2023 Revenue: $739,736
* 2023 SDE: $167,331
* 2024 YE Revenue: $804,380
* 2024 SDE: $179,480

Key Highlights:

• Exceptional Client Experience: Every aspect of operations and training has been meticulously refined to ensure consistent, seamless service. Our team is expertly trained in color theory and tailored techniques, delivering flawless results for clients of all shapes, sizes, and skin tones.

• Unparalleled Client Loyalty: The business has cultivated a devoted following that extends beyond transactions, fostering a true sense of community. Clients feel connected to the brand on a deeply personal level, driving repeat visits and word-of-mouth referrals.

• Unique Market Positioning: By elevating the spray tan experience with a luxurious aesthetic and premium branding, this business has created a sophisticated niche in an otherwise conventional market.

• Strong Social Media Presence: Engaging, curated content on social media not only enhances brand visibility but also converts followers into paying clients. These platforms serve as direct revenue-driving tools.

• Premium Products and Vendor Relationships: The business uses proprietary tanning solutions made with high-quality ingredients such as Vitamins A, C, D, and E, Aloe Vera, and botanical extracts. Exclusive vendor relationships ensure competitive pricing and healthy profit margins.

• High-Value Upselling Opportunities: The thoughtfully designed retail product line complements services and boosts transaction values. Clients often spend significantly more than the base service cost, enhancing profitability.

• Luxury Client Experience: Guests enjoy amenities like a warm towel and champagne upon arrival, setting a new standard for service excellence in the industry.

• Scalability and Growth Potential: With a proven operational model, the business is primed for national expansion, either through franchising or additional corporate locations. Its reputation for excellence and unique market position offers significant growth opportunities.

The sellers built out and opened a second location in September 2024, further enhancing the business's growth potential. Of note: The combined SDE in 2024 reflects the financial performance of both locations, which includes the recently opened second location. The figures in this CIM focus solely on the original location. Currently, both locations operate from a shared bank account, and the second location, having opened in September 2024, is near break-even or operating at a slight loss. However, it is projected to become highly profitable by the spring.

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Property Features and Assets:

Monthly Rent: $4,650.00

Square Units (Foot, Meter): 980

Lease Expiration Date: April 30, 2029, 1:00:00 AM

Terms Options: One 5 year option

Reason for Selling:

Additional Details:

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