How much money is spent in the United States on tanning each year?
In the United States, indoor tanning is a nearly $5 billion per year industry, providing a backbone for close to 19,000 small businesses across the country.
How much is 10 minutes in the tanning bed?
In a recent survey of adolescent tanning bed users, it was found that about 58 percent had burns due to frequent exposure to indoor tanning beds/lamps. 10 minutes in a tanning bed is equal to four hours on the beach!
What age group uses tanning beds the most?
The overall prevalence of indoor tanning is highest among adults aged 18–25 years, among women, and among whites.
How much money does tanning make a year?
Market data shows the tanning salons earn profits of around $65,000 per year. Depending on your location and size of your operation, you may earn more or less than that. The average tanning booth or bed generates roughly $15,000-$20,000 in revenue per year.
How much money do people spend on tanning?
10% of Americans spend on average $300 per year to tan indoors. This equates to a total U.S. market for tanning of over $9 billion per year, and does not include the $3 billion tanning products market.
How popular is tanning?
The number of people using indoor tanning services is substantially higher than previously reported, a new international study finds. More than 35% of American adults report ever using a tanning bed, along with 59% of college students and 17% of teens in the analysis.
How much does it cost to start up a tanning salon?
Costs to Start a Tanning Salon Plan to spend at least $150,000 in starting a tanning salon, though costs can be closer to $300,000 when establishing a larger salon or when purchasing top-quality tanning beds and equipment.
Are sunbeds profitable?
A 40 tube 200 watt sunbed uses 9.6 kilowatts so would cost around 84p to run for an hour. That’s a good profit, but you have to consider that sunbed lamps usually need replacing every 500 hours, a full re-tube and service will cost £500 and your very expensive beds depreciate in value very quickly.
Are tanning salons profitable 2021?
How much profit can a tanning salon make? Your business’ profit is directly tied to the number of beds you maintain and how often those rooms are filled. On average, each room should generate between $12,000 – $15,000 annually. Each visit will cost you $6 – $9 in supplies and energy costs.