Naples, Fla. — Zoom Tan has acquired all 23 South Beach Tanning Company corporate locations, bringing the company-wide total to 167 salons, signaling an accelerated expansion strategy and a deeper push into the tanning and wellness market. The transaction highlights ongoing consolidation across the indoor tanning space, as growth-oriented operators look to expand market share.
The acquisition strengthens Zoom Tan’s position as a scaled, growth-oriented operator at a time when the retail sector continues to reward brands with strong fundamentals, disciplined execution and loyal customer bases. South Beach Tanning Company had a strong presence throughout the state of Florida, making it a strategic addition to the company’s expanding platform.
“This acquisition reflects the momentum we’ve built and where we see the greatest opportunity in the market,” says Tony Toepfer, president of Zoom Tan. “After delivering company-wide 45% growth in 2 years, we’re focused on scaling proven retail concepts that align with our operational strengths and long term vision.”
Zoom Tan’s recent growth has been driven both by organic growth and through acquisition. The addition of South Beach Tanning Company is expected to further accelerate performance through expanded market reach throughout the Southeast. Customers can expect continuity in brand experience, with opportunities for broader offerings and enhanced capabilities over time.
Founded in 2008, Zoom Tan has led the charge in revolutionizing the tanning industry. With over 120 salons in Florida, Georgia, New York, Pennsylvania and Michigan, Zoom Tan is the second largest corporate-owned chain in the U.S. Its sister brand, Beach Bum Tanning, owns close to 50 salons in New York, New Jersey, Virginia and West Virginia. In addition to UV and spray tanning, Zoom Tan has wellness offerings such as red-light therapy, infrared sauna and Zoom Fit gyms. For more information, visit www.zoomtan.com/leasing/.
SOURCE: Zoom Tan Inc.