MergerPlace

Own Your Own Beauty/Spray Tanning Busine

New York


  • Asking Price: $499,000
  • Gross Income: $250,000
  • Cash Flow: $50,000
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: Not Disclosed
  • Listing ID: #209844
  • Established: 2002
  • Employees:

Business Description

This is a great opportunity to become part of the growing beauty and spray tanning industry. This is a multi-billion-dollar industry. Company is seeking an acquirer which will permit The Company to grow and realize the immediate opportunities in this emergent industry. The company's benefits include:
• Trademarks in place for the Company’s brand is only part of the highly valuable intellectual property and formulas
• Manufacturing of proprietary formula and solution is a state-of-the-art facility
• Distribution in a temperature-controlled fulfillment center
• Unique and popular line of retail products developed specifically for the self-tanning marketplace and to complement the in-salon tanning experience
• Recent agreement with a $100 Million+ company who will market all of the Company’s products directly to the end user, whether a consumer or business utilizing the Company’s outstanding products
• Major salon located in a prime department store has contracted with the Company to provide spray tanning services as part of the salon’s menu offering
• Opportunity to provide spray tanning services for large franchise expected to have 500 locations
• Existing relationship with worldwide beauty organization where the Company provides both training and products to this group.
• Existing quality and experienced staff available to remain if needed for an extended period or can remain indefinitely for a passive owner. This includes the individuals who developed, engineered, tested and launched The Company’s retail product line and have continued to improve all other products. IBISWorld research indicates that the tanning salon industry has experienced growth over the past five years, rising to $2 billion in revenue, with 2.6 percent annual growth from 2012 to 2017. Likewise, the retail product market is projected to grow to over $1 Billion in 2017. The industry is considered to be recession-proof. The Company is projected to have sales exceeding $1M or more.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: New York

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $499,000
Gross Revenue: $250,000
Cash Flow: $50,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

Prime locations where brand is housed

Growth & expansion opportunities:

Spas. Internet, Salons,Corporate, Benefits projected sales $1M 2019 with 20-25% Net Income Existing internet marketing relationship could easily exceed the $1M benchmark.

Competition:

The Company has the highest quality products and ingredients that the competition does not include as part of their formulation. Although competition exists, there is a growing market and awareness of the industry (as part of the beauty industry).

Reason for selling:

Growth opportunities

Support & Training:

Full training and support of existing owners who are willing to remain.

Contact Business Seller

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Business Listed By:

Anthony Citrolo

New York Business Brokerage