March 04, 2013
When a local suntan salon owner decided to close shop, Chad Stanfield and his wife Jenn saw an opportunity. The business had an established clientele, well maintained equipment, and an inventory with a good profit margin. But before making the leap, they sought advising from the ASU-SBDC.
Before snapping up this opportunity, Chad called the Angelo State University—Small Business Development Center and scheduled an appointment with James Leavelle. Chad wanted to learn more about the industry and general performance of businesses within the industry. James was able to provide Chad with industry research that was beneficial for Chad in making the decision to purchase the business assets.
James also made suggestions to Chad on how to get his business setup and legally structured. In describing his experience, Chad said “James was extremely helpful in the final decision on purchasing the business. His help in researching information and necessary startup requirements were vital to making a smooth transition from the prior owner. I will definitely seek out help from the SBDC in the future when the need arises.”
Suntans Etc. now offers tanning and tanning products as one of San Angelo’s newest small businesses.
3404 Knickerbocker Rd
Advisor: James Leavelle