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Tanning Salons

SIC 7299  /  NAICS 812199 

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

Select from the following page sections or scroll down the page below for a complete listing of all available resources:

Industry Overview, Issues, Trends, and Outlook

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources



For resource guides specific to other industries, see Industry Information Resources which covers over 400 individual industries.



Industry Overview, Issues, Trends, and Outlook


Tanning Salons  (81219c)
Tanning Salon Franchises  (OD5603)
Reports provide in-depth industry analysis and a five-year industry growth forecast, with special focus on the underlying structure and external forces and relationships that affect an industry and its performance. Report sections include:

Sample industry report is available free online.

Looking Fit Magazine
Looking Fit Tanning Factbook
http://www.lookingfit.com/  Search for "Factbook"
Annual publication provides a comprehensive overview of the tanning salon industry. Chapter subjects include the history of indoor tanning, state of the industry report, facts and figures, the tanning process, regulatory issues, equipment and supplies, ancillary services, skincare products, salon insurance, salon operations and procedures, and franchising and business strategies. Publication can be viewed free online.

Indoor Tanning Association
FAQs
http://www.theita.com/?page=FAQs
Frequently asked questions section provides a summary overview of the indoor tanning industry and tanning in general. All information is available free online.

Industry Market Research Reports
Tanning Salons
http://www.marketresearch.com  Search for specific terms or keywords
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Industry Market Analysis Reports
Tanning Salons
http://www.bizminer.com  Search for "812199"
Industry statistics for tanning salons include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia Group, Euromonitor, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.




Financial Information and Financial Ratios


Industry Financial Ratios
Tanning Salons
http://www.bizminer.com  Search for "812199"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios for tanning salons. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports with detailed financial ratio analysis can be viewed free online.

Looking Fit Tanning Factbook
Operating Costs and Revenues
http://www.lookingfit.com/  Search for "Factbook"
Chapter 8, which covers salon operations and procedures, includes a discussion of typical operating costs and revenues for tanning salons. Entire publication can be viewed free online.

More Industry Financial Analysis
For more business financial information and analysis available from Integra Information, RMA Annual Financial Statement Studies, and other sources—including financial statements, financial ratios, and other key performance indicators and benchmarks for a wide range of industries, see Industry Financial Information and Financial Ratios.





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Compensation and Salary Surveys


Looking Fit Tanning Factbook
Employee Wages, Benefits, and Incentives
http://www.lookingfit.com/  Search for "Factbook"
Chapter 8, which covers salon operations and procedures, includes a discussion of typical salaries, benefits, and incentives for tanning salons. Entire publication can be viewed free online.

Officer Compensation Expense
See "BizMiner Industry Financial Ratios" above for report including this data.
Five-year comparative financial analysis details officer compensation expense in both dollars and as a percentage of sales. Available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports can be viewed free online.

More Compensation and Salary Data
For more compensation and salary survey data available from ERI Economic Research Institute, PayScale, Salary.com, and other sources—including average salary, salary range, incentive compensation, and employee benefits information for a wide range of jobs and industries, see Compensation and Salary Surveys.





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Business Valuation Resources


Small Business Valuation Formula Multiples
Tanning Salons
http://valuationresources.com/Misc/ValuationMultiples.htm
Report provides small business valuation formula multiples for tanning salons and more than 200 other industries. Valuation multiples are derived from market transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.

BVMarketData
Private Company Sales Transactions Databases
Pratt's Stats®  http://www.bvmarketdata.com/PSAdvSearch.asp
BIZCOMPS®  http://www.bvmarketdata.com/BIZAdvSearch.asp
Free "Visitor Search" allows users to search thousands of private company sales transactions by SIC Code, NAICS Code, or business description for comparable business sale transaction data, including revenue, earnings, and EBITDA multiples. Data can be purchased as a single report or by subscription.


More Business Sale Transaction Data
For more business sale transaction data available from BizBuySell®, Done Deals, Mergerstat, Public Stats™, and other sources for a wide range of industries, see Business Valuation Multiples and Merger & Acquisition Transaction Data.




Related Industries:
Hair Salons, Beauty Salons, and Barber Shops
Health Clubs and Fitness Centers
Spa Resorts and Day Spas
Weight Loss Centers and Diet Clinics

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