Popular Tanning Franchise in Smith County

Tyler, TX (Smith County)

Popular Tanning Franchise in Smith County

Asking Price:$70,000

Cash Flow:N/A

Gross Revenue:$91,422

EBITDA:N/A

FF&E:$111,674

Inventory:$1,500

Lease Rate/Sq. Ft.:N/A

Established:2008

Popular Tanning Franchise in Smith County

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Business Description

Franchisees operate a Planet Beach Contempo Spa that offers automated spa services, sunless and UV tanning. Franchisees will also sell related skin care products and other specialty items under the name and brand “Planet Beach.”

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,758
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
19 years of franchise experience. More people are turning to Planet Beach spray & spa to look and feel their best, as the beauty and health industry continues to rapidly expand. We continue to lead the way by conveniently offering affordable and unlimited fully automated spa services with one mission: to change the way the world rejuvenates.
Competition:
Curbed growth is expected in 2016 as health concerns mitigate improving macroeconomic conditions. The industry is expected to generate more income through sunless tanning beds and merchandise, which will increasingly cater toward consumers looking to make luxury purchases.
Growth & Expansion:
Over the past five years, the industry has grown as US consumers have become wealthier due to higher employment, which has precipitated rising per capita disposable income and consumer confidence. Consequently, demand for personal services and other luxury services has risen as consumers increase their spending on discretionary items and services.
Support & Training:
2 weeks
Reason for Selling:
career change

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Mark McGee

Business Listed By:
Mark McGee

Transworld Business Advisors

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Sponsoring Broker:
Saleem Marwat

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