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 leading organisation in the UK, now firmly established in Australia and the US and operating globally, this trailblazing company is at the forefront of workplace improvement. It offers CPD-approved training courses, engaging memberships and comprehensive resources to help businesses and organisations drive meaningful change.
A manufacturer and supplier of noise-reduction enclosures for external plant, including heat pumps, air conditioning and refrigeration units. Built to in-house patented designs, the self-ventilating enclosures have top performing noise control, energy efficiency and the aesthetic appearance of these products
Established in the mid-1980s, Project Wanderer provides nationwide distribution, along with warehousing and fulfilment services, which is repeat business and accounts for 25% of sales. There is secondary management in place.
Provision of educational resources, training, software and service plans to schools.
Providing two primary services; utility and telegraph pole replacement and installation. Along with an overhead and underground cabling division.
Established over 60 years, the business operates throughout the UK and exports. It sells to resellers its own brand range of products with registered trademark.
Workplace wellbeing provider specialising in evidence based wellbeing programmes, delivering to employees and organisations across diverse industries.
Mechanical, Electrical, and Public Health (MEP) design consultancy, serving clients Nationwide.
Manufactures, supplies and installs structural steelwork, and designs and fabricates high quality steel products for internal and
external applications
UK based stockist and processor of niche metals with no competitors offering the same breadth of capabilities or products. The business services a wide range of diverse industries including aerospace, medical, construction and sub-sea applications. The business also benefits from a high level of repeat business and low customer concentration.