Business Description

Asking $124,900 at 2.7 Times Net Income on $129,900 in Gross Sales Through November 2025

The location has operated as a tanning salon for more than 20 years and produced $129,900 in gross sales across the first 11 months of 2025. Net income across that period ran $45,600, a 35% net margin. Current ownership acquired the business in 2023 and runs it semi-absentee at 20 hours per week.

Prepaid membership packages generated 88.8% of 2025 revenue and retail products accounted for roughly 5%. Average monthly revenue held at $11,811 across the 11 month period, which is the pattern a membership base produces rather than the swing a single visit business shows. TanTrack software records every package sale and every redemption, so renewal behavior is auditable at the transaction level.

A manager and 4 part time employees run the location, and all 5 are staying with the business. The salon trades 72 hours a week, Monday through Saturday from 9am to 8pm and Sunday from 10am to 4pm. Ownership works 20 hours weekly, so the semi-absentee structure is one a buyer inherits rather than one a buyer has to build.

The facility covers 2,400 square feet in a retail plaza at $2,325 per month, a figure that includes insurance, maintenance, and taxes. Equipment includes 14 tanning beds across premium, base, stand-up, and 360 UVB levels, a Soltron hybrid red-light bed, and a dedicated spray tan room with 2 professional application guns rather than an automated booth.

The location holds Proctor site status for tanning operator certification. Ohio requires a certified operator on duty during all sunlamp service hours, and the 4 hour certificate a new owner needs can be completed on site rather than off site.

Rent and payroll together accounted for 69% of 2025 operating expenses at $46,461, and electricity ran $10,308 across the same 11 months. Those 3 lines move the model, and all 3 are known figures a buyer can price before closing.

 

Key Highlights

• More than 20 years of continuous operation from the same Stark County retail plaza, under current ownership since 2023
• $129,900 in gross sales with $45,600 in net income across January through November 2025, a 35% net margin
• Revenue up 12% against the $115,911 recorded in 2024, and that comparison runs on 11 months of 2025 rather than 12
• 88.8% of 2025 revenue came through prepaid membership packages, with retail products at roughly 5%
• Asking $124,900 payable in cash at closing, 2.7 times 2025 net income
• 1 manager and 4 part time employees, all remaining after closing, with ownership at 20 hours weekly
• 2,400 square feet in a retail plaza at $2,325 monthly including insurance, maintenance, and taxes, with 14 tanning beds and a custom spray tan room included in the price
• Ownership is exiting to pursue another venture, and modernized booking, marketing, and membership tiers are the primary opportunity for the incoming owner

Financials Summary

Transaction Details

• The asking price of $124,900 is payable in cash at closing. Seller financing is not offered.
• The seller provides a 30 day training and transition period, including operations procedures, vendor relationships, equipment training, and introduction to the customer database.
• All 5 employees, 1 manager and 4 part time staff, remain with the business after closing.
• The business runs semi-absentee. Ownership works 20 hours weekly and the manager handles daily operations.
• Real estate is leased. The premises run 2,400 square feet in a retail plaza at $2,325 per month, inclusive of insurance, maintenance, and taxes, on an assignable lease.
• The business is not presented as SBA pre-qualified. The transaction is structured for a cash buyer or a buyer contributing substantial equity.
• The business is not relocatable. All 14 beds and the spray tan room are installed at the leased premises.
• The location holds Proctor site status for tanning operator certification, so the 4 hour certificate a new owner requires is completed on site.
• Books and records are supported by filed tax returns and sales tax filings, with transaction level detail available in the TanTrack point of sale system.

Ideal Buyer Profile

This fits an owner operator or a couple who wants a business that already runs without full time ownership presence.  Current ownership works 10-20 hours a week with a manager and 4 part time staff covering a 72 hour trading week, and a buyer should plan on that same schedule during the first year rather than a passive schedule. Customer service, retail, or membership business experience transfers directly, and a marketing mindset matters more than industry background given that modernized booking and promotion are where the earnings upside sits. Ohio requires a board approved certified tanning operator on duty during all sunlamp service hours, and because the location is a Proctor site, the 4 hour certificate is completed on the premises.