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
The business offer a wide variety of services to clients across the UK, offering repairs and maintenance on all machinery alongside its courtesy hire programme. They also offer on-site welding and hydraulic hose assemblies alongside breakdown cover. The business can attend clients’ sites and repair machinery or repair within their workshop.
Scaffolding business in the Midlands.
Provides end-to-end, turnkey design, engineering and consultancy solutions, primarily working within prominent industries throughout the UK.
A Jewellery designer and retailer based in the South West. Our client, designs all the jewellery herself, outsourcing the majority of the manufacturing, though some of the silver jewellery is still made on site. The business offers a variety of custom jewellery and also creates bespoke commissions and offers jewellery repairs for c10k clients.
A material manufacturer, specifically providing products to the defence sector. The business operates primarily with commercial clients including blue-chip companies within the defence sector such as BAE, Babcock and Lockheed Martin. Designing, developing and mass producing fabric covers for vehicles and equipment.
A Marine Mechanical Engineering firm, specialising in providing support for the Main and Auxiliary propulsion equipment of ocean-going and cross-channel vessels. The business operates from a 9,500 sq. ft industrial unit available to be included with the sale of the business, on a freehold basis.
Operating as a road haulage and logistics provider, offering their services for clients across Northern Ireland, established since 1974. Long standing client base with the business operating solely for commercial clients with a core consistent client base and a variety of vehicle types to accommodate for all requirements.
Supplying both new equipment and with a core business based around service and repairs of existing equipment, with sales of their used refurbished equipment and their fleet of rental machines.
Provides 24/7 Managed IT Services—including IT Support, Consulting, and Digital Services—for European and US firms operating in Asia. Trusted for local expertise, it offers acquirers a strategic gateway into Asian markets. Owners are seeking a buyer to scale the business as they approach retirement.
Over 20 years of experience, delivering high-quality, innovative external envelope solutions to some of the UK’s most prestigious construction projects, from modern high-rise developments, luxury residential complexes, & cutting-edge commercial buildings.