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 detail the market, needs, sales plan, financial statements, and financial statements for Tropical Tan.

Tropical Tan is located in Chino Hills CA. This area is home to 160,000 people. This location is near a strip mall that has many national chains. The main service of the business will be to offer tanning booths to individuals. Tropical Tan will provide six high-quality tanning beds as well as limited retail sales for tanning lotion, swimwear and sunglasses.

This business plan aims to raise $50,000 more funding. This money will be used for inventory purchases, tanning beds, as well as other expenses, as detailed in the Start-up Table.

1.1 Objectives

1. Sales of $380,000 in Year 1 and $425,000 by the end of Year 3.

2. Net Profit greater than 40%

3. In Year 3, net income exceeds 10% of sales

1.2 Mission

Tropical Tan will provide indoor tanning services of the highest quality to our clients using high-quality beds and tanning accelerators. Tropical Tan will make customer satisfaction a priority and set it apart from its competitors. Employees will be treated with dignity, and will be provided with special benefits such as moderate health insurance coverage, free tanning sessions, and a special company picnic once a year. Tropical Tan is a public face. Employees are integral to the company’s success.

1.3 Keys for Success

• This location is in a high-traffic strip mall across the street and a health club across the road.
• Convenience – with quick tan beds less time is spent in the bed, and extended business hours.
• Customer Service is all about our customers’ comfort and requirements.