Tanning Salon Business Plan Leave a comment

Tropical Tan is looking for funding. Tropical Tan has a proven management team, an excellent location, sound business strategy, and an experienced manager. This business plan will focus on Tropical Tan&#8217’s market, sales strategy, and financial statements.

Tropical Tan is located in Chino Hills CA. This market is home to approximately 160,000 people. The location is close to a large strip mall featuring national chains. The main service offered by the company is tanning booths. Tropical Tan will offer six high quality tanning beds and limited retail sales of tanning lotion, bathing suits/swimwear, and sunglasses.

This business plan will help you to obtain additional funding of $50,000. This money will go towards purchasing inventory and tanning beds.

1.1 Objectives

1. The Year 1 sales were $380,000, and the Year 3 sales were $425,000.

2. Net profit above 40%

3. By Year 3, net income greater than 10% of sales

1.2 Mission

Tropical Tan will provide our clients with the best indoor tanning experience. We use top-ofthe-line tanning accelerators and beds. Tropical Tan will set itself apart from the competition by making customer satisfaction a top priority. Employers will be treated with respect, provided with special benefits such a moderate level of health insurance, free tanning sessions, and an annual company picnic. Tropical Tan is a public face. Employees are integral to the company’s success.

1.3 Keys To Success

• It is located in a busy strip mall, across the street from a fitness center.
• Convenience – with quick tan beds less time is spent in the bed, and extended business hours.
• Customer Service focuses on the comfort and needs of our customers.