Project Merian operates a large portfolio of tanning salons, offering a combination of lay-down tanning beds and stand-up solariums.
Each salon boasts the latest tanning equipment from prominent brands, all of which is owned and maintained by the company to ensure reliability and ongoing client safety.
By operating a no-appointment-needed structure, the business enables clients to autonomously book tanning sessions; minutes packages range from 30 minutes to three hours.
The company is offered for sale to enable our clients to focus on other, unrelated business endeavours while facilitating further growth under the impetus of new ownership. Offers invited.
• Also retails tanning products, with these accounting for circa 20% of the company’s overall revenue.
• An app streamlines the client booking experience; further developments are planned to integrate loyalty and referral programmes to enhance client retention.
• Serves 75,000 clients per month across its salons; this is inclusive of repeat visits.
• Continually striving to open new salons; in the process of securing three sites, with a further three-to-five premises currently in negotiation.
• Proficient salon staff have completed rigorous training to ensure best practice and a sought-after client experience.
• Salons situated in prime locations across Kent, Essex and London.
• Ideally placed to establish a franchise network to advance the geographic remit of the brand.
• Scope to become a tanning equipment distributor and utilise the existing infrastructure to offer other light-based services.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 4,628 | 1,014 |
| 2023 (Actual) | 5,025 | 1,488 |
| 2024 (Actual) | 5,445 | 1,616 |
| 2025 (Forecast) | 5,950 | 1,785 |
| 2026 (Forecast) | 6,450 | 1,935 |
• Generated a consolidated YE24 turnover of £5.4m, with an adjusted EBITDA of £1.6m.
• On track to turnover circa £6m in YE25 and attain an adjusted EBITDA of circa £1.8m.
• Forecast to achieve a turnover of £6.5m by YE26, with the adjusted EBITDA expected to increase to circa £2m.
• Average gross profit margin of 69% between YE23 and YE24.
• An asset register worth circa £4m will be included in the sale.
All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.
All the information available to us for this opportunity is shown above. We do not have any additional information.
Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.
You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.
Register Log in now Get their contact details without logging in
A D2C platform offering ride-on vehicles, from 6V, 12V, and 24V electric ride-on cars, SUVs, quads, and construction vehicles, to 50cc-110cc petrol
ATVs and drift buggies.
A dynamic, award-winning performance marketing agency providing cutting-edge, digital advertising services to SMEs ranging from small start-ups to established brands.
provides CPD and Ofqual-accredited online training courses, specialising in food hygiene and health and safety.
Undertakes assessments and delivers therapeutic recommendations and
reviews for children, young people and adults who have cerebral palsy, acquired brain injury or other neurological conditions resulting in long-term conditions and support needs.
Project Gideon provides a comprehensive range of creative compliance solutions, including training workshops, advice, consultancy and audit services, for wide range of prestigious companies operating in the
pharmaceutical and healthcare industries.
Specialises in the supply, installation, servicing, repair and maintenance
of heating, ventilation, air conditioning (HVAC) and plumbing systems for
commercial, industrial and domestic clients.
An opportunity to acquire a reputable IT services company based along the M4 corridor with over 20 years of trading experience. The company has built and maintained a thriving, long-standing client base of businesses across a variety of sectors.
Established for over 15 years. Well known and trusted supplier of carpentry labour to major national housebuilders.
One of the UK’s largest distributors of offgrid power equipment. This has proven a strong starting point from which to move forward onto new ventures in the larger on-grid renewables sector, which the company has recently started to explore to considerable success.
Provides a range of mechanical, electrical, renewable energy, and
design services across the domestic, commercial, and industrial markets.