SOLD – Tanning Salon

Business Description

Fast-growing prime location upscale tanning salon near a high-income university campus is available for acquisition. This business was originally established over three decades ago in 1987 by the current owner of the business. The competitive price point combined with the top-of-the-line tanning beds attracts many of the college students that want high-quality service that is reasonably priced. Most of the customers are young adults from the nearby college campus and wealthy individuals from the apartment complexes. Proactive marketing has been done through social media outlets and other online resources, but other local marketing tactics are needed to attract individuals in the un-tapped regions in this area. There is so much potential for this business to grow in revenue as the city’s population and median income rise each year with many more individuals having access to large amounts of disposable income. The majority of the tanning beds have also been updated with brand new equipment that has gained lots of popularity within the area and has grown the sales immensely over the last 3 years. The services provided at this business range from different levels of U.V. Tanning, spray tanning, and high-tech sunless spa machines. This is the perfect location for this type of business to thrive and generate massive cash flow from the high-income individuals in the area that has excessive disposable income.