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
Offers a wide range of lightning protection services, including design, installation, annual testing, electronic surge protection, earthing solutions, fall arrest systems, and risk assessments.
A leading food manufacturer and distributor operating across the UK and Europe.
Specialises in providing and installing a range of high-quality insulation solutions and renewable products, including roof, wall, and floor insulation, solar panels, and heating systems, as well as offering retrofit assessments and project coordination.
A leading provider of building management solutions, offering in-house design, software services, and post-completion support, including maintenance.
Haulage and logistics provider based in the North East.
An opportunity exists to acquire the business and assets of an award-winning sparkling/still wine producer, offering a unique portfolio of alcoholic brands. Assets include a fully equipped production facility, warehouse equipment, office furniture and equipment, etc.
Project Lilac operates as a civil engineering as well as a steel fabrication company providing their services to clients throughout the region. The business offers a variety of services including pipe and steel fabrication and installation and civil engineering and groundworks.
Exceptional Home Care Business with Robust Growth Opportunities
Project Goldfinch provides general haulage and specialist movement services from its base in the South East. The business operates primarily with commercial clients with 500 active clients over a 2 – 3-year period.
A well established food preparation and mobile catering business. Trading from a strategically located commercial unit offering further growth potential. Operating a modern fleet of specially adapted vans that deliver fresh food to offices and businesses across the county. 2024 Turnover in excess of £1m Adjusted EBITDA £140k +